ECOVIS / Wingrave Yeats

Business Advisors  Chartered Accountants  Registered Auditors

Media and Entertainment

We service a range of Media & Entertainment clients including TV and Film Producers, Event Management, Service Providers to the Media Industry, Comedians, Writers, and PR Companies.

Our Media team led by Christopher Jenkins, has a wealth of experience. We’ve been involved as key advisers in MBO’s as well as helping and supporting many fledgling media startups and walk-outs. Everyone in the team is here because they like working with Media clients. We understand your business and we understand the people in this industry. Not only will we offer pragmatic, partner led advice, but we’ll also enjoy doing it. We deliver our services with an enthusiastic zest & zeal.

We are all based in one office off Oxford Street, a short stroll from the creative hub of Soho. We see ourselves as strategically and geographically well placed to help the Media & Entertainment sector flourish in every way we can.

 

Client Testimonials:

"One of the best decisions we made in our first year of trading was to choose Wingrave Yeats as our Auditors and Business Advisors.  With their support and professional advice we have grown from a £400K turnover to £2M in only 24 months.  Their help in the preparation of our Management Accounts has produced the most clear and logical structure on which to base our business decisions and their Tax advice has already created significant savings.  They are cost effective; understand our business and I can't recommend them highly enough."

Lawrie Read, Executive Director, Hireworks Ltd.

 

We contribute regularly to Media events through Speaker roles and hosting industry events. We also sponsor the media section on Knowledge Peers and we are always looking for new ways to help and support this exciting and growing sector. If you’d like to come to one of our Media lunches then please do get in touch and share some ideas with other like-minded Media and Entertainment Industry insiders.

The ways we could help you

  • Annual Compliance work on your year end Statutory Accounts, Audit if you need one Company Secretarial work. Controls and System Analysis
  • Tax –  your annual Tax returns for both the Company and the Directors if needs be; Specialist media sector knowledge, VAT, EIS and EMI schemes, Film Tax Reliefs and R&D Claims
  • Outsourcing – outsourced bookkeeping, management accounts, developing KPI’s
  • Business Advisory - Starting a new Media business, growing your company, exit strategies, anything it takes to improve your bottom line. Negotiating with banks and preparing your business plans - anything to give you the edge!
  • Networking – Media lunches, and where possible personal introductions when deemed appropriate. We have professional contacts in all walks of the Media business including Bankers and Lawyers…

We recognise that your talents lie in delivering creative solutions, and that this is of fundamental importance to the success of your organization. We know that accounting and creative thought are not necessarily obvious bedfellows so that’s where we hope to step in and bridge the gap.

 

Click here to download our Media and Entertainment brochure »

If you’d like to arrange a preliminary meeting to talk through what’s going on in your business then please contact Christopher Jenkins or Martin Jones.

Selection of Media Clients

 
 
 
 
 
 
  
  
 
 

Media Case Studies

Management Buy-outs

We make a particular specialism of MBO’s and have helped out recently in advising a Magazine house and Picture Library out of a large US conglomerate a TV Production Company from private ownership, and a Post  house out of a Broadcaster. Each was different and fascinating in its own way. All of them  

Equity Investment

We have advised on more than one Corporate Investment into an Indie. This has involved the normal work of responding to the Due Diligence programmes conducted by the investor, being on stand-by to support the owners of the target company and giving Tax advice both to the Company and personally.

Hive Downs

Businesses often need to change shape, spin out or split down. These changes need careful consideration from a Strategic and a Tax point of view . The key is to avoid making the whole thing too complicated. Simplicity and Common Sense are what’s needed!

Tax Investigations

Unfortunately the Taxman tends to descend, sometimes in an indiscriminate fashion, on innocent businesses. We have been helping a TV production company to cope with this onslaught whilst trying to keep the costs of the investigation to a minimum.

Strategic Reviews

We have conducted Strategic Reviews of Businesses that were suffering from growth pains, that had lost their way or that wanted to increase the speed of their growth plans. Sometimes this has meant taking a surrogate FD role, getting involved on a regular monthly basis or putting in concentrated periods of work. We are just as happy beavering away below decks as we are standing along side you on the Bridge.

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