Free advice for flood hit businesses

Accountants WR Partners are offering support to Shrewsbury businesses affected by the recent flooding from the effects of Storm Christoph.

The team of  accountants and business advisors have seen the impact of the Covid-19 pandemic and the challenges that have resulted for their clients. With the latest lockdown leading to the closure of many businesses, the flooding has brought further disruption to those already struggling with uncertain trading conditions.

The firm’s office based on Shrewsbury Business Park was not affected by the flood waters, but many of the practice’s clients and employees are based locally and have seen first-hand the devastation and damage to businesses in the town centre.

Partner Paul Brown said: “The flooding in Shrewsbury has been terrible to see and as a local business we want to do what we can to help. The most valuable thing we can contribute is our time and professional knowledge.

"By offering free consultations to discuss any financial or business aspect of recovering from the floods, we hope to provide individuals with the reassurance that there is a route to recovery and perhaps offer them a clear and concise strategy allowing them to focus on repairing the physical damage caused to their business”.

WR Partners are offering the owners of affected businesses the opportunity to talk through the potential financial implications from the flooding, whether it be cost of the repairs, impact on cashflow and profitability, understanding the road to financial recovery of their losses and even the possibility of deferring tax liabilities while they are in the process of recovering from the floods.