You’re More Than “Just a Plumber”
If you ask any successful plumbing or heating engineer what really drives their business forward, they’ll tell you it’s not just about fixing leaks or installing boilers. You’re not simply a tradesperson — you’re a business owner.
That means you’re constantly juggling:
- Quotes and invoices
- Staff wages and subcontractors
- Supplier and merchant accounts
- HMRC deadlines
- Customer service, marketing, and growth
It’s easy to fall into a cycle of moving from job to job with little time to step back and plan. With the right financial support, however, your business can grow into something more profitable, more stable, and more valuable.
That’s where Hammond & Co comes in.
Ticking Boxes vs Building a Business
Many accountants focus solely on compliance — filing tax returns and keeping you on the right side of HMRC. While this is essential, it’s only the starting point.
At Hammond & Co, we go further. We don’t just look at where your business has been — we help you plan where it’s going. Our approach is proactive, forward-looking, and focused on helping you grow with confidence.
Compliance First – The Foundations of Success
Before growth can happen, the basics must be right. Strong compliance gives you the solid foundation your business needs.
We ensure your plumbing or heating business stays compliant by handling:
- Accounts prepared and filed on time
- VAT returns correctly managed, including flat rate, standard rate, and reverse charge
- CIS deductions handled properly and refunds claimed where due
- Payroll for employees, apprentices, and subcontractors
- Companies House requirements, including confirmation statements and statutory accounts
Compliance may not feel exciting, but it protects your business and gives you peace of mind.
Moving Forward – Cash Flow, Growth & Finance
Once your foundations are secure, we help you move forward strategically by offering:
- Cash flow forecasting to ensure you know when money is coming in and going out
- Growth planning, whether that’s hiring another engineer, adding a van, or expanding services
- Funding and finance support for vehicles, tools, equipment, or premises
- Profit planning to make sure every job is priced correctly and remains profitable
This is how we help clients move from working hard to working smarter.
Scaling a Plumbing or Heating Business
At some point, many trade business owners ask, “What’s next?”
Growth could mean:
- Taking on apprentices to free up your time
- Expanding the fleet with additional vans
- Winning larger commercial or maintenance contracts
- Adding services such as renewables, underfloor heating, or full bathroom installations
Each of these decisions carries risk. With Hammond & Co by your side, you can assess the financial impact before committing, ensuring growth is sustainable — not stressful.
Using Technology to Support Growth
Growing a business doesn’t mean more paperwork. The right systems allow you to scale efficiently.
We help clients adopt tools such as:
- Xero for real-time financial visibility
- Dext / Hubdoc for quick and easy receipt capture
- SmartVault for secure document storage
- BrightPay for simple and reliable payroll management
These systems save time, improve accuracy, and give you better control over your business.
Trade-Specific Advice You Can Rely On
Plumbing and heating businesses face unique challenges — seasonal demand, emergency call-outs, warranties, and maintenance contracts all affect cash flow and profitability.
Because we understand the trade, our advice is practical and tailored, including:
- Managing cash flow during quieter periods
- Pricing jobs correctly so warranty work doesn’t erode profits
- Balancing emergency work with recurring contract income
No generic advice — just guidance that works in the real world.
Why Choose Hammond & Co?
Plumbing and heating engineers choose Hammond & Co because:
- We speak plain English — no jargon
- We understand trade businesses inside out
- We’re proactive, not reactive
- We’re approachable and easy to work with
We don’t just see ourselves as your accountants — we see ourselves as part of your team.
A Real Example of Growth
One of our clients ran a small plumbing business with just one apprentice. They wanted to grow but were unsure if they could afford another van and engineer.
Working together, we:
- Forecasted cash flow for the year ahead
- Improved invoicing and reduced late payments
- Arranged asset finance for an additional van
- Restructured drawings for better tax efficiency
Within 18 months, the business had three vans on the road, secured a long-term contract, and achieved a better work-life balance.
Partner with Hammond & Co
You don’t have to stay stuck in job-to-job survival mode. With the right support, your trade business can grow, provide security for your family, and give you long-term financial freedom.
Hammond & Co can help you:
✅ Stay compliant and stress-free
✅ Plan ahead for tax
✅ Save time with smarter systems
✅ Grow with confidence
📞 Call: 01246 563414
🌐 Visit:https://www.hammondbusiness.co.uk/news/blogs
📧 Email: admin@hammondbusiness.co.uk
Your trade keeps homes warm and water flowing.
Our expertise keeps your business moving from jobs to growth.