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Nature and coordinate of Inkwell Limited Inkjet supplies a complete range of re-manufactured Inkjet and toner cartridges that atomic number 18 compatible with all major printers. The club has a head office in Birmingham, where its management and accounts team are both located. It sells its products through a across the country chain of high street shops or from their 24/7 online shop. The companion was formed seven years ago by two of the triplet assureling shareholders The current shareholding percentages of IWL are Paul Farnon (managing director) owns 40% of shares Victoria Dawson (sales director) owns 30% of shares Anil Gupta (finance director) owns 30% of shares Two of the founding directors have previous screw in the printer cartridge sector. As a result of their intimacy they knew a strong demand existed for less expensive and more than environmentally friendly products. The main objective of the entity is to offer a facility where customers are able to exchange t heir used cartridges for a 10% discount against the determine of a replacement cartridge.The next step is for Inkwell to send the cartridges to a small number of manufacturers to refill them. Inkwell strives for quality products and make view to the manufacturers that the yield must be as good as the originals. The company operates a Just In Time policy for their retail shops and holds full stock in their online to shop to be able to deliver goods the twenty-four hour period after purchase. These strategies are aimed to minimize inventory-holding costs. In the period the company has been direct it has seen a stable growth.They currently have a turnover of more than ? 16 million. The number of employees is estimated to be around 180 and all of who are full-time. Inkwell Ltd adopts a hierarchal or tall structure (see appendix). A hierarchy is a series of level of people, which each level control by the level above it. These types of organisational structures are typical for a ov ersized company, where accounting systems are the responsibilities of the finance director, centralised, and strictly controlled. The accounting Function is of a reasonable size made up of eight employees