Monthly Management Accounts That Drive Better Decisions
Most business owners only see their numbers once a year — when the annual accounts are filed. By then, it's too late to change anything. At Gro Profit First Accountants, we produce monthly management accounts that show you exactly how your business is performing right now, so you can act on the numbers while they still matter.
What You'll Receive Each Month
Every month, within 10 working days of month-end, you'll receive a full set of management accounts including: profit and loss statement with commentary, balance sheet summary, cash flow analysis, KPI dashboard tailored to your business, Profit First allocation tracking, and variance analysis against budget. We don't just send numbers — we explain what they mean and what to do about them.
KPIs That Matter
We tailor your KPIs to your business, but common ones include gross margin percentage, net profit percentage, debtor days (how quickly you're getting paid), cash runway (how many months of expenses you have in reserve), revenue per employee, and your Profit First allocation percentages. These are the numbers that drive real business improvement.
Cash Flow Forecasting
Cash is the lifeblood of any business. Our cash flow forecasting shows you exactly where your cash is going, when the pinch points will come, and how to plan for them. Combined with Profit First allocations, you'll have more visibility and control over your cash than you've ever had.
From Compliance to Insight
The difference between annual accounts and management accounts is the difference between a rear-view mirror and a windscreen. Annual accounts tell you what happened. Management accounts help you decide what to do next. Every business turning over £250,000+ should have monthly management accounts — and at Gro, they're built into our higher-tier packages as standard.