What a 12 months it’s been! We’ve achieved so much at Winch & Co, and we can’t shy away from it any longer. We’ve now broken through the turnover/employee threshold and as of 2022, we will now need auditors.

I’ve been skirting this for a while, dodging, dipping and diving to avoid needing annual audits. But after a long chat with our accountants Elementary Accountancy Services, we are biting the bullet. Trying to avoid it and keep turnover lower is such small minded thinking – and I have to practice what I preach! We are now discussing which of the ‘big four’ we will be most likely to work with.

So whilst it is a massive headache and costs a fortune, a positive way to look at it is that it is an indicator that we are growing. And this isn’t slow growth either – our goals for 2024 include having a £100million turnover, and with a £10million+ turnover, with another possible £40million in the pipeline for 2022, I’m actually starting to believe in myself that it is actually possible and not just a silly target…

Right, now can summer hurry up already!?

Ciao x

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Nathan Winch Private Investor

About The Author Nathan Winch

British entrepreneur and private equity investor with over 12 years experience. Having started, scaled and sold companies in medtech, SaaS and FMCG, Nathan’s specialities include concept commercialisation, supply chain mobilisation, acquisitions and horizontal integration.