Sheil Kinnear is one of the largest accountancy practices in the south-east. The firm has a proud history dating back to the nineteenth century when founder Joseph Lawton first began providing professional accountancy services for clients in County Wexford.
Today, Sheil Kinnear provides comprehensive business advisory services covering everything from bookkeeping, accounts, audit and assurance to strategic advice, corporate finance, company secretarial services, payroll, tax, and business restructuring and recovery services. The firm is led by directors Michael McDonald, David O’ Connor, Aidan O’Gorman, Anita Power, Tim Quinlivan, Frances Roche and Marese Stafford and is headquartered at Sinnottstown Business Park in Wexford with branch offices in Enniscorthy and Arklow.
Sheil Kinnear’s ethos has always been to build long-term relationships with clients, guiding businesses through good times and bad. The in-depth knowledge built up through these relationships was particularly valuable during the COVID-19 pandemic, says Michael Mc Donald.
“When public health restrictions were first imposed, our in-depth knowledge of the way that our clients operate enabled us to quickly assess the impact of the pandemic on each individual business. Our team’s understanding of the nuts and bolts meant we were able to provide relevant, practical guidance tailored to each client’s specific needs. Whether it was simply responding to the restrictions by accessing relevant Government supports or dealing with pressure on cashflow, to operational advice on things like switching to remote working and e-commerce, our clients knew they could count on our team’s expertise to help them make the right decisions. Now, with lockdown restrictions easing, the emphasis is on helping our clients recover so that their businesses can continue to survive and thrive into the future.”
“For some businesses, this involves greater emphasis on online activity, for others it may mean focusing on changed work practices or looking for new opportunities. Many businesses will need to revise budget forecasts and tighten cash management and some will need to revisit their funding and investment strategies. Whatever the situation, Sheil Kinnear’s professional team will ensure you have the knowledge you need to make the right decisions,” says Anita.
Meanwhile, Brexit continues to pose challenges for some businesses, particularly those who rely on exports or imports from the UK. Sheil Kinnear is working closely with clients, guiding them through this period of unprecedented change.
Sheil Kinnear also provides advisory services for business owners in areas like retirement planning. Owners who were forced to put their retirement plans on hold due to the pandemic and/or Brexit, will need to revisit their exit strategy, whether that is finding a suitable successor from within the business, selling or merging the business, facilitating a management buy-out or bringing in someone from outside to take over. Each of these options takes time implement so it is important to plan ahead in good time and obtain tax advice before making decisions that could affect your future financial wellbeing.
