3rd Home – Case Study

They say home is where the heart is. 

Which is appropriate for Giles Adams, Founding Partner and President of holiday company 3rd Home – because he loves his job. 

A virtual members’ club for luxury second homeowners, it allows people to holiday internationally via mutual access to luxury time-shares. Think a high-end equivalent to AirBNB, but with opulent properties in some of the world’s most exclusive, and acclaimed, locations.  

Part of their strict membership criteria is a strong emphasis on quality, so it’s fitting that, when they first set up their UK office in 2011, they instructed Lanop to manage their business accounts.   

‘Our headquarters are in the USA, but we wanted a base here to help expand our network of British members,’ Giles explains. ‘This is an ambitious and fast-growing business, which is truly global and has a property portfolio in every continent.

‘I originally approached Lanop to file my personal tax return back in 2011 – and was so impressed that I quickly asked them to look after our professional accounts, too.

‘3RD HOME was created to fill a need expressed by second homeowners to find a safe and trustworthy way to “expand” the use of their second homes without the hassles of renting. We wanted similar flexibility with our accounting team – and Lanop offered that, without a compromise on quality.

‘From the start, they’ve been helping make sure the business is structured in a way that gives the Partners and employees access to the value they build. In addition, we’ve been providing input on business structure and aligning the tax strategy with the company’s business objectives. 

‘To this day Lanop oversees all of the company’s financial needs – from payroll, VAT, and book-keeping to management and tax returns for the company’s director. This is a testament to how much we trust and respect the Lanop team because we put our business in their care.

’Moreover, there are a wealth of accountants in London – not to mention the rest of the UK – but we chose Lanop above them all. All I can say is that others should too.’  

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Client:

3rd Home

Country:

United States

Sector:

Financial Advice

Services Provided:

Virtual Finance Director Services, Annual Accounts, Management Accounts, Statutory Compliance, VAT Advice, Business and Financial Advice

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