Introducing sector specialist for manufacturing, Michael Royle
Chadwick & Company boasts a range of experts who provide a full complement of accountancy services across different industry sectors. Michael Royle, one of our directors, is key to our business’ success having been an integral part of our team since 2010. During that time Michael has become our lead specialist for manufacturing.
A wealth of experience
At university, Michael gained a BA (Hons) in Business Studies. Subsequently, he trained in the Manchester office of a national firm of Chartered Accountants where he qualified in 1996. Since qualifying Mike has gained a wealth of experience in the areas of general practice and audit services. In his role at Chadwicks, Michael takes responsibility for a diverse portfolio of owner-managed audit and non-audit clients across Greater Manchester. His expertise also covers solicitor’s accounts rules, charities, SMEs and manufacturing – a particular area of interest.
Our region’s proud heritage
Manufacturing is part of the North West’s proud heritage and remains fundamental to the region’s prosperity. A 2018 report claimed that we have 350,000 people working in manufacturing, which is one in 10 of the total workforce. 15,000 new jobs have been created this decade. The report states there are 14,590 manufacturing companies operating locally, accounting for more than 15% of the region’s economy, reinforcing the sector’s significance for jobs and prosperity.
A diverse portfolio
The manufacturing sector has unique commercial, accountancy and tax requirements. Mike specialises in strategic financial planning for this sector, covering engineering and its allied industries. His clients are engaged in a variety of manufacturing and related activities, including tool making, packaging companies, textile processors, steelwork fabricators and electrical engineering firms. He is aware of the range of operational challenges faced by this entire sector and advises on decisions to minimise risk and maximise profits.
With the advent of online accounting, Michael is able to advise on the best software for manufacturing companies. He also delivers bespoke financial advice, to help manufacturing businesses prosper.
Outside his working life, Michael enjoys travelling, walking, cycling and watching a certain Manchester football team.