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Helping ETP Card Processing grow from start-up to market leader
Having started from scratch eight years ago, and struggled for its first two years, ETP Card Processing has since grown and changed rapidly.
This is largely due to developing the SNAP Account, the market leader in non-fuel payment accounts for the HGV industry. Right from the company’s early days, Price Bailey has kept pace with this change, adapting to keep providing relevant advice and support.
Our aim throughout our relationship with ETP Card Processing has always been to offer the help the company needs to fulfil its ambitions. As it’s a fast-changing business, this has meant being highly flexible, frequently adjusting our services to ensure we add genuine value.
Initially, our Compliance team supplied outsourced accounting services, maintaining ETP’s accounting and statutory records and preparing management reporting information for the directors. As the company’s needs changed, and it moved some processes in-house, we shifted our focus to tax and year-end accounting, and provided ongoing advice to the business and its owners.
As the company’s growth continued, our Strategic Corporate Finance team helped support a restructuring of the founder shareholders’ interests and advised on the acquisition of a connected business.
Also, our Tax Consulting team offered guidance on some of the tax implications of these transactions, and provided advice on a range of connected matters, such as share incentives and international expansion.
Today, we continue to support and advise ETP. We meet its executive directors regularly, to ensure our services always match the company’s entrepreneurial ambitions.
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Price Bailey retains status as 'Outstanding Company to Work For' in 2024
As Labour secured a substantial majority in last week’s general election, our Price Bailey tax team start to consider what is known or suspected of their fiscal policy and what taxpayers might look to do in the short term.
Every quarter, our Academies team will publish the most important and frequently asked helpdesk queries. You can download our 2024 quarterly updates here.