Founder members of the Incorporated Society of Licensed Trade Stocktakers June 1953

ILTSA - History and Background

The Institute of Licensed Trade Stock Auditors (ILTSA) is the only qualifying body for stock takers within the Licensed Trade, with members throughout the UK, the Republic of Ireland and Europe. All ILTSA qualified stock takers have proved their ability through professional training and extensive qualifying exams.

All licensed retail premises should consider stock control as an essential part of a profitable business. ILTSA members are able to provide regular stocktaking and give advice on stock control with skill, integrity and direction for businesses of all sizes.

The extensive training and examination process by which members qualify, ensures that they have the necessary skills to provide an expert service. The support and advice given by qualified ILTSA stock auditors is an essential part of the success of every licensed operation. With the backing of the Institute, access is available to a complete range of specialist advice.

When employing a stock auditor look for the letters F.I.L.S.A. and M.I.L.S.A. which signify a qualified member of the Institute. This helps ensure that you maximise profits, control your business and have peace of mind.

Established Over 50 Years ....

The Institute has over four hundred members; it has been active for over fifty years and prides itself on the training given to those considering the profession as a career. Stocktaking offers variety, constant contact with people, and responsibility. Integrity and skill are paramount, and the I.L.T.S.A. offers a body which encompasses people properly trained in the profession, giving them maximum profile across the country, so that they can develop their businesses under a common umbrella, which is able to offer expertise in many subjects and which creates a pool of properly qualified and experienced people.

Associate membership of the Institute is open to anyone interested in joining the profession. To achieve recognition and full membership, appropriate examinations must be taken and passed. Fellowship is available after seven years. Associate members must not refer to the Institute on any of their literature nor imply in any way that they are qualified members of the Institute.

In 1991 the then association was awarded Institute Status by the Board of Trade. This was in no small way attributable to the training seminars, which are now recognised and acknowledged across the country. The I.L.T.S.A. is the only body in Britain which represents Licensed Trade Stock Auditors.