Reduced-rate energy and a contract nobody had read.
Engagement
A cold storage operator
sector
Logistics
lookback
Four years
A refrigerated storage business running two sites, billed at the standard rate on energy since the day it opened.
What nobody had checked
Energy is the single largest line on the profit and loss, and nobody had ever asked whether the rate applied to it was the right one.
What we did
We checked the VAT treatment on both supplies, then benchmarked the energy and waste contracts against the market before the renewal window closed.
What we found
The rate correction applies going forward as well, so the saving repeats every year the terms hold.
£11,000
VAT overpaid on energy, four years back.
£16,000
Energy and waste contracts renegotiated.
£4,000
Card processing rate tested and corrected.
