Like many start-ups, DTR Electrical faced challenges around cash flow management, compliance, and building strong financial foundations while also trying to establish itself in a crowded market. From the outset, N-accounting supported Dean by setting up Xero and ensuring the company’s transactions and records were maintained to a high standard. Over time, the relationship evolved from compliance support — covering payroll, accounts, and tax returns — to a more advisory role, including cash flow forecasting, performance reporting, and strategic financial guidance. With real-time insights into profitability and cash position, Dean was able to make informed decisions quickly, which proved critical to the company’s growth trajectory.
N-accounting’s partnership with DTR Electrical began right at the company’s inception. In 2016, founder Dean Redmond left his role managing an electrical wholesale business to pursue his vision of starting his own venture. Despite the financial risks and investment involved, Dean was confident that there was space in the market for a wholesaler who could deliver not only products, but also expert, personalised advice. That confidence proved well-placed, as the business quickly grew, expanding its team and moving to larger premises to accommodate increasing stock levels and demand.
As a result of this partnership, DTR Electrical has grown from a bold idea into a thriving business with a strong customer base, a bigger team, and expanded warehouse operations. Its reputation for reliable service, expert advice, and fast delivery continues to set it apart in a competitive industry. At the same time, the company’s financial operations remain strong and transparent, giving Dean the confidence to invest in the future and continue scaling the business sustainably.
“N-accounting are a trusted partner who have consistently been there for my business. Having almost immediate access to accounting advice has been invaluable to our growth, their focus on being responsive and clued up when it comes to tax and finances means that, I myself can make high quality decisions for my business, quickly.” – Dean Redmond
If you looking for some assistance with your accounting services, we’d love to hear from you. Call our friendly team now on 01604 330129.