UAG Bio Nutrients & UAG Macadamias

Challenge

For several years, Ascentium has supported John Barraclough’s two major businesses, UAG Bio Nutrients and UAG Macadamias, across R&D, accounting, and tax & advisory.

Though entirely separate entities, both companies need broad support well beyond standard financial functions. As Executive Chairman of both, John oversees every aspect of each, a role made more demanding by rapid growth.

Each business involves constant experimentation, prototyping and R&D, alongside complex, multi-stage operations, from biogas fermentation to large-scale macadamia processing.

The priority was clear: dependable, detailed support across compliance, incentives and advisory, so John could focus on scaling both businesses.

Solution

Ascentium delivers a broad, detailed range of support across both businesses, from day-to-day accounting through to highstakes incentive applications.

Support included:

• Full accounting, including ASIC and shareholder work.

• Securing ESIC status, unlocking investor tax concessions.

• R&D financing, SME grants and government incentive applications.

• Tax and advisory support for a AUD 10M+ manufacturing facility.

When a balance-sheet issue threatened an R&D claim, the team resolved it in principle within a single evening, the kind of responsiveness John has come to rely on. This proactive approach not only safeguarded vital funding but also demonstrated Ascentium's commitment to ensuring client success. By handling challenges swiftly and effectively, Ascentium empowers businesses like UAG Bio Nutrients to focus on what they do best, innovating and expanding their market reach.

Ascentium's deep industry experience and tailored strategies have transformed potential obstacles into stepping stones, fostering an environment where innovation thrives. John's trust in Ascentium is a testament to their unwavering dedication and expertise, proving that with the right support, even the most ambitious growth targets are within reach.

Client Benefits & Advantages

• ESIC status secured for UAG Bio Nutrients within its first two years.
• A 20% tax offset for seed and first-round investors.
• Ten years of capital-gains-tax-free treatment for those investors.
• Squeaky-clean compliance across ASIC, accounts and R&D.
• Broad and detailed support spanning two very different businesses.
• Fast and accountable problem-solving exactly when it matters.