Pace, clarity and confidence
We speak your language and get things done fast
Who We Are
Proptech accountants who speak your language
We combine the latest technologies with our expert property knowledge to provide tailored outsourced accounting services. We work with some of the big industry players including REITs, hedge funds, overseas investors and family offices. But our business is built on relationships. We give you time to achieve your goals, always striving for you and your business. We will impress you and your stakeholders with excellent day to day accounting and timely, tailored management reporting. We can take the strain from you by a wide range of compliance services including VAT returns, statutory accounts and tax.
What We Do
We provide the tools, knowledge and advice to realise your property ambitions. We’re always available and responsive.
We use the latest cloud based technologies and apps to take away the hassle of accounting and VAT and tax compliance. You can run your business smarter and have time to concentrate on realising your property ambitions.
You want real time management reporting in an easy to read format highlighting your key performance indicators. Using the latest technologies we will streamline your processes and give you meaningful and timely KPIs and financial information.
Compliance with VAT rules, MTD, CIS filings, payroll, corporatioin tax and LLP filings, non-resident returns, can all be daunting. And the penalties for getting things wrong can have significant impact. Let us get things right from the start. We know the rules inside out and we will deal with your filings.
You need a reliable and trusted adviser who will act as your “Finance Director”, cutting through complexity to give you the guidance and advice you need and help build your strategy. Our skill set, our tax knowledge and our experience in the Real Estate sector add real value. Rely on us as your FD support.
The right ownership structure from the very outset and throughout the life of your property business is important, for taxation, commercial, and legal reason. Your choice can have very significant implications, in terms of the management of tax flows and absolute after-tax returns. We help you get it right from the start and as you progress your business, avoiding nasty surprises.
C2 Industrials LLP and Stenprop
C2 Industrials LLP partnered with an institutional investor to form an Industrials Limited Partnership (“LP”), which planned to invest in multi-let industrial properties across the UK.
The Industrials LP commenced in January 2015 and over the next 30 months invested over £100m, acquiring 25 multi-let industrial estates throughout the UK. Those properties were managed by three agents with different reporting systems and output. Harold Sharp managed the entire financial operations from day-to-day cash management through to operational and statutory reporting to the management team and investors.
As an institutionally backed investment, C2 Industrials was required to produce management accounts within 5 days of each month-end and comply with the reporting requirements of a multinational investor.
Harold Sharp managed the Industrials LP on a cloud-based platform utilising bank feeds and brought in agents’ records, supplier invoices and expenses via an API enabled application, delivering an integrated solution, which could be managed and accessed remotely.
Harold Sharp designed and delivered a scalable cloud-based solution providing real-time information for a multinational investor with a geographically diverse portfolio managed by multiple property agents.
In June 2017, the Industrials UK LP was sold to Stenprop. Harold Sharp acted as advisors to C2 Industrials LLP and its institutional partner on this transaction, managing the financial due diligence process, advising on the contract and preparing the associated completion accounts.
Following the acquisition of Industrials portfolio, Harold Sharp was retained by Stenprop to manage the entire financial operations of Stenprop’s MLI division; this now a portfolio of 60 industrial estates valued at £255m. Due to the now massive scale, Stenprop will shortly inhouse the accounting. The cloud based integrated systems used by Harold Sharp are easily portable meaning that the in-housing will be very simple.
Harold Sharp managed the day-to-day financial operations of a fast growing multi-let industrial (MLI) investment business.
Find out how our services and expertise can give you the time and clarity to run your business.