The UK’s ‘farm to fork’ sector—which includes agriculture, catering, as well as food and beverage manufacturing, wholesaling, and retailing—contributed £121.6 billion to the country’s economy in 2017. Consumer spending, meanwhile, showed a continued upward trend in the past decade, increasing by 34% since 2009.
This sector is evolving rapidly. However, food and drink businesses also face increasing demands from consumers, more business challenges (e.g. packing, traceability, health issues), price fluctuations, and retailer consolidation.
At AK Tax, we’ll make sure your business stays flexible enough to weather these changes. Our specialised accounting services cater to the entire food and catering supply chain—from farming to distribution to restaurants and caterers.
There is a huge demand in the country’s food and drink sector, as evidenced by the £88 billion that consumers spent in 2017 alone. This means more competitors are showing up in this area, which ultimately affects supermarket prices and the prices of raw materials.
Whether you’re a wholesale supplier, franchise restaurant, food truck, bars, cafes, or takeaway venues, you need an accountant who has extensive experience in this industry to help you maintain a profitable business. Our services tailored to the food and drink sector include:
If you have any queries, please get in touch. We offer a free initial consultation to talk about your requirements and potential solutions.
We have three packages to suit most needs, however, if it’s not quite tailored enough then please get in touch as bespoke packages are always an option.
We take care of all of your specialist requirements.
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