Milsted Langdon Forensic Accounting Services

Experience and Sector Expertise

Milsted Langdon’s forensic accounting experts in the South West have considerable experience in a wide range of sectors. Recent cases include:

Sectors

Accountancy/taxation

Professional negligence

  • Provision of opinion in relation to liability and quantum following allegation of alleged negligence by accountants, auditors and tax advisers
  • Provision of opinion in relation to liability and quantum following allegation of fraudulent trading under S213 of the Insolvency Act 1986 against auditors

Agriculture/agribusiness

Ancillary relief

  • Valuation of producers/suppliers of food to supermarkets
  • Valuation of knacker’s yard
  • Valuation of food importers
  • Valuation of one of the UK’s largest cheese-making businesses
  • Valuation of a farm
  • Valuation of a veterinary practice

Commercial disputes

  • Assessment of loss of income arising from alleged sub-standard feed supplies
  • Assessment of loss of income arising from alleged sub-standard crop spraying
  • Valuation of contract farming business for a shareholder dispute
  • Valuation of fisheries business
  • Review of impact of BSE on profits made by farming community

Personal injury/clinical negligence

  • Assessment of loss of earnings arising from injury and fatal accidents to farmers

Fraud

  • Opinion in relation to false accounting allegations concerning free range eggs
  • Investigation of allegations of fraud in partnership dispute

Banking/finance

Employment

  • Assessment of loss of pension by employee of asset finance house

Fraud

  • Opinion in relation to alleged theft from the Post Office
  • Opinion in relation to benefit frauds for confiscation proceedings
  • Investigation into factoring fraud at a manufacturingcompany
  • Investigation into cause and finding of trading losses
  • Money laundering investigation for a chartered accountant
  • Investigation of whether a loan was appropriately accounted for in thefinancial statements of a financing company or if its terms allowed investors to be misled

Personal injury/clinical negligence

  • Assessment of loss of earnings and pension by employee of a financial institution following early retirement as a result of injury

Charities

Fraud

  • Assessment of loss following theft
  • Investigation into whistle-blowing allegations

Education

Personal injury/clinical negligence

  • Assessment of loss of pension and earnings for teachers

Commercial disputes

  • Valuation of language school

Fraud

  • Assessment of loss and internal controls following a fraud by a bursar’s assistant

Energy/Renewables/Environment

Professional negligence

  • Assessment liability following alleged professional negligence in connection with a failed AIM public flotation of a wind farm company
  • Valuation of waste remediation business

Ancillary relief

  • Valuation of an ecological consultancy

Financial services

Professional negligence

  • Provision of opinion in relation to liability and quantum following allegation of alleged negligence by independent financial advisers, chartered accountants and chartered tax advisers

Personal injury/clinical negligence

  • Assessment of loss of pension and earnings for independent financial advisers and financial services companies

Fraud

  • Provision of opinion in relation to liability and quantum following allegation of theft of client funds by an independent financial adviser
  • Valuation of IFA practice to determine whether sale of shares was at unclear value

Food/drink

Ancillary relief

  • Valuation of producers of cider and soft drinks

Employment tribunal

  • Opinion in relation to allegation of financial fraud by a whistle-blower of a drinks company

Commercial disputes

  • Calculation of loss following cancellation of contract by an airport with a catering contract

Fraud

  • Investigation into claims of fraudulent trading by a whisky distributor

Healthcare

Personal injury/clinical negligence

  • Assessment of loss of pension and earnings for nurses, doctors, dentists, physiotherapists, psychotherapists and other healthcare professionals

Ancillary relief

  • Valuation of pharmaceutical companies
  • Valuation of pharmacies
  • Valuation of opticians/optometrists
  • Valuation of medical publishing company
  • Valuation of international medical equipment manufacturers and suppliers
  • Valuation of dental and medical practices

Commercial disputes

  • Assessment of loss in a dispute involving residential care/nursing homes
  • Assessment of loss of earnings for a weight-loss consultant

Fraud

  • Investigation into use of funds advanced by a PCT to a third party provider
  • Fraud risk review following theft by purchase ledger clerk
  • Review of money drawn by managing director of a private healthcare provider

Statutory panel of enquiry

  • Statutory assessment in relation to charges levied against public funds by private health provider in an overseas jurisdiction

Information Technology

Personal injury/clinical negligence

  • Assessment of loss of pension and earnings for IT consultants

Employment tribunal

  • Valuation of shares in IT businesses and software providers

Fraud

  • Investigation into actions of financial controller of a listed software company in assisting the cover up of a fraud

Legal/Professional services

Professional negligence

  • Provision of opinion in relation to liability following allegation of alleged negligence on the part of solicitors, patent agents and other professionals

Expert determination

  • Regarding cessation accounts of an accounting practice

Commercial disputes

  • Cessation accounts of a retiring partner from an accounting practice

Fraud

  • Investigation into money laundering by a chartered accountant
  • Investigation into claims of bribery by a solicitor

Ancillary relief

  • Valuation of an actuarial consultancy
  • Advice in relation to surveyor’s earnings
  • Valuation of an insolvency practice

Leisure/Media

Ancillary relief

  • Valuation of hotels/restaurants
  • Opinion in relation to tax in film partnerships/film investment schemes

Commercial disputes

  • Valuation of supplier of golf-related supplies
  • Assessment of undisclosed takings in restaurant partnership dispute
  • Assessment of loss of earnings in a dispute involving hairdressing/beauty salons
  • Assessment of loss of earnings in a dispute involving a bed and breakfast
  • Assessment of loss of earnings in a dispute involving a paintball business
  • Valuation of gaming business
  • Assessment of loss of earnings following an employee’s defection to a rival publishing company
  • Assessment of losses following the delay in opening of a retail park
  • Investigation into libel allegations made by a national newspaper
  • Breach of warranty claim at a satellite broadcaster

Fraud

  • Opinion in relation to alleged fraudulent trading by a property investment company
  • Investigation into claims of fraudulent trading at a hotel

Personal injury/clinical negligence

  • Assessment of loss of earnings arising from injury to a tattoo artist

Professional negligence

  • Opinion of role of accountants in a fraud at a hotel

Manufacturing/services

Ancillary relief

  • Valuation of manufacturing/services businesses including interior finishers, window blind importers, furniture makers/importers, contract cleaners, haberdashery business, window cleaners, landscape gardeners, printers, bakery equipment manufacturer, timber yard, precision engineers and industrial finishing businesses
  • Valuation of companies producing, supplying and maintaining security systems and of defence contractors

Personal injury/clinical negligence

  • Assessment of loss of earnings arising from injury to a carpet fitter and electrician

Commercial disputes

  • Valuation of plant hire business
  • Breach of warranty claim for precision engineering company
  • Contract dispute involving a cinema seating company
  • Contract dispute involving a exhibition stand company
  • Shareholder dispute involving a packaging company
  • Calculation of loss following a breach in the public sector tendering rules

Motor trade

Ancillary relief

  • Valuation of motor dealerships

Criminal/confiscation

  • Assessment of legitimate income of motor traders

Personal injury/clinical negligence

  • Assessment of loss of earnings arising from injury to classic vehicle restorer

Commercial disputes

  • Valuation of rubber components business
  • Assessment of loss following compulsory purchase order of a motor retailer
  • Assessment of loss following breach of warranty claim of a components manufacturer

Property/Construction

Lands tribunal claims

  • Assessment of loss following compulsory purchase orders

Ancillary relief

  • Valuation of estate agencies
  • Valuation of property development/investment companies
  • Valuation of scaffolding business
  • Valuation of ready mix concrete business
  • Investigations into husband’s property portfolio to determine source and destination of funds invested

Commercial disputes

  • Assessment of loss of commercial agency in the construction industry
  • Preparation of dissolution accounts for an internationalproperty lettings partnership
  • Valuation of property investment business
  • Reconstruction of records of property rental business to enable probate

Fraud

  • Assessment of loss in residential letting agencies following theft
  • Assessment of liability in relation to bankruptcy offences concerning overseas property

Professional negligence

  • Assessment of loss following implementation of a failed EMI scheme for a publicly listed estate agency
  • Consideration of work undertaken by accountants in preparing year end accounts for a property development company

Personal injury/clinical negligence

  • Assessment of loss of earnings of builders, property developers and contractors

Retail

Commercial disputes

  • Assessment of loss in case involving automated number plate recognition systems in supermarket car parks
  • Assessment of loss in case involving a women’s fashion retail chain

Fraud

  • Confiscation proceedings against an eBay trader in breach of Trading Standards
  • Opinion in relation to alleged thefts from supermarkets by employees
  • Qualification of theft from builder’s yard
  • Investigation into role of directors of companies involved in selling bicycles and stationery

Transport

Ancillary relief

  • Valuation of haulage businesses

Personal injury/clinical negligence

  • Assessment of loss of earnings arising from injury to self-employed lorry drivers
  • Assessment of loss of earnings arising from injuries to airline cabin crew

To find out how our forensic accounting experts in the South West can help you, contact us.