Auckland

Nexia New Zealand have been iFLY Indoor Skydiving NZ’s accounting partner from initial business planning, through construction, launch, growth, international operations and company sale. More recently they have made a seemingly helpless covid environment manageable, giving our highly impacted tourism business a plan to navigate uncertainty and disruption.

iFLY faced an 80% decline in revenue when NZ’s international borders closed in March 2020. Nexia were absolutely critical through challenging periods; assisting with tax and financial advice, business planning and scenarios, through to funding support. Working closely with Nexia enabled confidence to act decisively, reinvent our business, manage risk, and front foot a strategy to navigate a complex situation. iFLY was able to adapt, find new markets, retain all employees, and become a multi-award winning business in 2021. Of all our business partnerships I have peace of mind knowing we’re in good hands and when the chips are down Nexia will always have our back!

When James Kendall was looking to purchase ITM Matakana he enlisted the help of Nexia New Zealand. “I believed I could do it, but at the time when the economy was at an all-time low I needed someone I could trust to help me.” Kendall says Nexia’s pragmatic approach and honest conversation has made them trusted advisors ever since. “They ask the right questions – not always the ones I want to hear but they do challenge my thinking. Nexia provided advice throughout the acquisition journey, from assessing the viability of the venture to assisting with due diligence and obtaining the necessary funding from the bank.”

“Moving to Nexia New Zealand about two years ago was the best business decision we have made in a long time. The service and assistance provided by the firm have far exceeded our expectations. They have helped us implement more robust systems which has significantly helped with the growth of our business. I would certainly recommend them to anyone looking to move their business in a positive direction.”

“The Nexia New Zealand name had come up a number of times, so we went and checked them out and we liked what we saw. Nexia wants things to deliver benefit to the business and if they can’t see a compelling reason why something should be done, then they won’t do it. For us, that’s probably the most valuable thing about working with them.

“You become accustomed to running a company at a certain size, and when it triples, what used to be adequate is no longer enough. Nexia has been really good at putting the right systems in place for us. In terms of our financial advice from Nexia, I feel like we got a hole in one.”