Accounts and legal double income to £2.5 million in just one year with advanced advisory offerings

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Industry: Accounting and Legal

Location: Offices in Brighton, Liverpool, London, and Manchester

Team size: 52


  • Doubled turnover in one year to £2.5 million.
  • Doubled staff members from 26 to 52 in one year.
  • 30 staff members offering advisory services
  • Significant wins saving construction businesses from insolvency


  • Extensive advisory integration and upselling.
  • Cash flow forecasting.
  • KPI integration.
  • Board building


Accounts and Legal have clients across all sectors but have two growing niches working with construction companies and digital marketing agencies. Many of their construction clients face significant cash flow problems trying to keep up with spiralling costs of raw materials and energy. Accounts and Legal need to communicate their clients’ financials through an easy-to-understand medium to affect the greatest change.


Through accessible visualisation in Futrli’s boards and reporting, clients feel that their numbers are humanised. Accounts and Legal build scenarios for their clients using Futrli, conduct trend analysis and offer cash flow planning. KPI implementation for clients ensures that they understand both their financial and non-financial goals to install better working cultures and achieve operational excellence.


Over the past year, Accounts and Legal have gone through profound changes: they have doubled both their turnover to £2.5 million and staff to 52. They now have thirty people within the business able to offer advisory services, and they are seeing a greater uptake from clients in advisory-led services through the successful implementation of free trials.

Accounts and Legal go further than traditional accountants and offer full outsourced finance and legal functions to clients. 

Based across the UK, Accounts and Legal have a broad outreach and have undergone significant growth over the past year. Their clients are generally owner-managed businesses that turn over between £500,000 and £5 million.

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What challenges did you face before finding Futrli?

Accounts and Legal came to Futrli to find better ways of communicating numbers to their clients. They have been committed to speaking English – not jargon – in their business. They realised that if they showed their clients a Profit and Loss (P&L) from Xero, only around 20 % would know what it means… and those that do understand it are only getting the first layer of the onion.

Accounts and Legal have growing specialisms among construction companies and digital marketing agencies. Both industries face unique challenges. Construction clients often work with contractors that take 60-90 days to pay, leaving them with serious issues with their accounts receivable and cash flow.

Construction companies also face issues with financing their projects without paid income. Managing works in progress across months – maybe even years – is a serious issue.

Why did you choose Futrli?

Futrli turns numbers into graphical data that can be easily communicated. In moving to Futrli, Accounts and Legal were able to convey their clients’ cash flow, non-financial data, and changes to their income streams.

Futrli can be applied across Accounts and Legal’s client base, from smaller businesses to clients with high turnovers and complex needs. Using Futrli, they can build simple and sophisticated scenarios, from a basic P&L to a three-way forecast.

“There aren’t any other tools that can be so widely used from beginner to expert.”

Stuart Hurst, Director

Tell us about a client who has benefitted from your advisory services.

Accounts and Legal have a client in the construction industry who make and install solar panels. They had been turning over around £500,000, making around £200,000 in profit. A year later they had doubled their turnover and their profit had dropped to £150,000. Not good.

The owners’ 35-hour weeks had become 70-hour stress fests… only to see their profits drop by 25%. Something wasn’t right. They were chasing turnover, and overtrading, and their margins had dropped from 50% to 30%. To top it off, their pricing was out of sync. Accounts and Legal could see their client needed to work smarter, not harder.

During their in-depth forecasting and advisory work with this client, Accounts and Legal used Futrli.

First, they processed their client’s financials to get reports for trend analysis. The company’s monthly gross profit had fluctuated wildly based on when debtors paid. Now, they could visualise trends and smooth out variations to see what their trajectory actually was.

Through cash-flow forecasting in Futrli, they could see that debtor days were growing. Their cash flow was no longer keeping up with operations. If continued, the business would go under.

Accounts and Legal were able to guide their client into making some difficult but necessary operational changes. With raw material and subcontractor costs going up, their pricing needed to change.

They used Futrli to integrate non-financial data within their client’s strategies. The client was able to reassess how they followed their leads. Instead of approaching leads in chronological order, they could be more selective, going after the leads that afforded the greatest opportunities.

“Our client can’t believe that more firms don’t use Futrli for their non-financials.”

Stuart Hurst, Director

What role has Futrli played in Accounts and Legal’s success?

In just a year Accounts and Legal have doubled their staff and doubled their turnover.

At the core of their success are their advisory offerings. Accounts and Legal have been steadily upselling their clients from compliance and moving them into management accounts.

After a quarterly free trial of these services, Accounts and Legal offer clients the opportunity to pay to continue receiving advisory services. The key to this successful strategy is that Accounts and Legal demonstrate the value of their offering before putting on a price tag.

Using Futrli, Accounts and Legal have been able to overcome any issues with bottlenecks in their practice. Accountancy firms that don’t use Futrli often face issues where they have a limited amount of advisors. Workload piles up on these staff members and the practice is precluded from taking on additional advisory clients.

Improve your compliance and advisory services

This free webinar looks at the challenges limiting yours and your clients’ innovation. It’ll offer a practical roadmap for improving compliance and advisory services, plus help you to develop client communications and engagement.

Book your free place now

Get in touch today for a 1:1 demo or start your 14-day free trial today!

This content is brought to you by Futrli.

Futrli is an award-winning cash flow forecasting software.

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