Growing a New Retailer From One Shop to Two

Whether your multisite business or a single site business in the professional services sector, you could benefit by outsourcing your finances to Virgate

Growing a New Retailer From One Shop to Two

The Client

A UK-based independent retailer specialising in beds and bedroom furniture. The client opened his first store earlier this year and is already preparing to launch a second location, capitalising on strong demand and excellent customer feedback.

The Challenge

As a start-up retail business, the client needed reliable financial support from day one. He wanted to focus on sales and customer service, not on managing the bookkeeping, VAT, and reporting. With rapid growth on the horizon, it was important to have systems in place that would scale smoothly and provide a clear picture of the business’s performance.

Beds

Our Solution

Virgate set up the full outsourced accounts function, including daily bookkeeping, bank reconciliations, and supplier management. We implemented Xero with automated invoice processing to keep financial data accurate and up to date. Monthly management accounts were introduced, giving the client confidence in his numbers and visibility of how the business was performing.

The Results

  • Accounts kept fully up to date with minimal input from the client.
  • Clear monthly reports showing sales, costs, and profit performance.
  • Improved visibility over cash flow, helping the client plan confidently for the opening of a second store.
  • Freed up the owner’s time to focus on growing the business and delivering a great customer experience.

Client Feedback

“Virgate have made it easy to keep on top of everything while I focus on growing the business. I know my numbers are accurate, and I can make decisions confidently – including opening my second store.” Nick Barnes, Director at Heavenly Beds

Contact us today to find out more on how we can save your business time and money

What our clients say...

Very fast response times, flexible, easy to work with. They helped us sort out our financial management and take it forward to the level we need as we grow.

Phillip Oppenheim, Managing Director at Cubana Bar & Restaurants

The team is friendly, dynamic, efficient and works with you for the benefit of your business and a fraction of the cost of having full time in house finance staff.

Jamie Robb, Managing Director at Marlborough Tiles Ltd

I am highly satisfied with the professionalism and expertise demonstrated by VIRGATE. Their streamlined systems and proactive communication ensure efficient and accurate financial management. The team’s dedication to client-centricity is commendable, providing personalized attention and valuable insights. I confidently recommend their services to anyone seeking reliable accounting solutions.

Olivier Mention, Finance Operation Support Manager

Barworks is a London focused bar group with 18 sites. We decided to out-source our accounts function in order to reduce our central costs, improve the efficiency of our management accounts process.

Scott Chillery, Barworks FD

Now more than ever we must rely on a financial partner that we can both trust in and who will ultimately save us money with Sarah and her team exceeding all expectations.

Adam Taylor, Founder, The Feathered Nest Country Inn

They have gone above and beyond, using the latest technology to combine various elements of the business, and providing expert advice on our finances.

Moe Hashimi, Managing Director at 42 Acres Ltd

As a business that has previously received quite basic bookkeeping and accountancy services, Virgate are in a different league. It’s a ‘proper’ bookkeeping and accounts service aligned to my needs.

Louise Palmer-Masterton, Founder at Stem + Glory

Sarah has been an invaluable tool for the growth and success of my business. I know I can depend on her to always be at the end of the phone any time of day to answer my questions and give me advice.

Ajith Jayawickrema

Their communication is excellent, and this is really important to us. They’re always there if we need them. They’re happy to explain things to us with patience and clarity.

Sidonie Warren, Founder at Papersmiths

Virgate’s package encompasses many weekly/monthly tasks that I would do myself giving me much more time to focus my attention on other activities within the business, a more better use of my time.

Claire Davies, Director, The Red Lion (Arlingham) Ltd

In just a short time we have already seen a 10% increase in our gross profit. As well as other efficiencies such switching to National more cost effective suppliers.

Angelee Sidar, Founder at Soul Deli

Working with Virgate has been an exceptional experience. Their professionalism and personalised approach to our financial needs have truly streamlined our accounting processes, making day-to-day operations much smoother. What stands out is their dedication to client service—Virgate ensures that we always feel supported, even through complex financial scenarios. Their ability to tailor their services to the unique needs of our property has made a significant difference in how we manage and plan our finances. Virgate’s proactive and hands-on approach has allowed us to navigate challenges more efficiently, making them an invaluable partner. I would highly recommend Virgate for any organisation seeking reliable, client-focused financial management solutions.

Saira CIELOSZYK, General Manager Ibis & Adagio London Sutton Point

Virgate

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