MESTON REID & CO: case study - Bill Liversidge

Meston Reid & Co has provided a diverse range of professional support services for long-standing client Bill Liversidge – throughout his business career and now on into a well-earned retirement.

Bill initially enlisted our support to help him navigate challenges his Aberdeen-based precision engineering business was experiencing in the early 1990s.

We helped to turn the enterprise around and – having become its specialist audit/tax service partner – we supported its expansion as it established new companies and diversified its service offering in both the North-East of Scotland and the Central Belt. As it continued to grow, a holding company was set up in 1999 to host a Portlethen-based business.

Over the subsequent years, Meston Reid & Co assisted in the sale of each business other than the property company: the final one of those – Nexus Surface Treatments Ltd – was sold to its management in 2011 and remains a client of ours today.

The property company, meanwhile, has served its purpose. The property has been sold and the company is being liquidated by us, to bring a highly successful business journey to an end.

Meston Reid & Co is continuing to act for Bill and his spouse, taking care of their pension scheme accounts and personal tax returns, as they enjoy life after work.

Bill says: “Meston Reid & Co provided expert support from the early days of my business career right through to its conclusion. It’s been a trusted partner down the decades – a team that inspires confidence and reassurance – and remains so as it continues to look after our financial affairs.”

For further information on Meston Reid & Co, please contact Mark Brown, audit, accounts and business assurance partner - brownm@mestonreid.com