Our limited company accounting services are priced on a fixed-fee basis, meaning you know exactly what you will pay each month with no hidden charges or surprise bills at year-end. Pricing depends on the size of your company, your turnover, and the specific services you need. Many small limited company accountant packages start from as little as £50–£80 per month and cover all core compliance requirements including annual accounts, Corporation Tax, and Companies House filing. We believe affordability should never mean a compromise on quality, which is why our packages are designed to deliver full professional accounting at a price that works for small businesses and startups.

A limited company is a separate legal entity from its owner, meaning the company itself is responsible for its debts and tax liabilities. As a self-employed sole trader, you and your business are legally the same — your personal assets can be at risk. From an accounting perspective, limited companies have far more reporting obligations. They must file annual accounts with Companies House, submit Corporation Tax returns, and maintain formal financial records. Our limited company accountants handle all of these requirements on your behalf, ensuring you remain compliant while taking full advantage of the tax-efficiency benefits that a limited company structure offers — such as paying yourself through dividends, which are taxed at a lower rate than income.

Your annual accounts must be filed with Companies House within 9 months of your company’s financial year end. Your Corporation Tax return must be submitted to HMRC within 12 months of the year end, and any Corporation Tax owed must be paid within 9 months and one day. Missing these deadlines can result in automatic financial penalties from both Companies House and HMRC, starting from £150 and escalating significantly the longer the delay continues. In serious cases, Companies House can move to strike off your company from the register. Our limited company accounting services include proactive deadline tracking and free email reminders so your filings are always submitted well in advance.

Yes — and this is one of the most valuable things a small limited company accountant can do for your business. There are numerous legitimate ways to reduce your Corporation Tax liability, and a good accountant will identify every allowance and relief available to your company. These include claiming all allowable business expenses such as office costs, travel, professional subscriptions, and equipment; using the Annual Investment Allowance for capital purchases; claiming Research and Development (R&D) tax credits if your company qualifies; carrying forward previous years’ losses to offset against current profits; and structuring your director salary and dividends in the most tax-efficient way. Our team reviews your position proactively every year to ensure you are never paying more tax than you legally need to.

You are legally required to register your limited company for VAT once your taxable turnover exceeds £90,000 in any rolling 12-month period (the current UK VAT threshold as of 2024). However, many businesses choose to register voluntarily before reaching this threshold — particularly if your clients are VAT-registered businesses themselves, as you can then reclaim VAT on your own purchases. Our accountants for limited company in London handle the entire VAT registration process and manage your quarterly VAT returns on your behalf. We also advise on the most suitable VAT scheme for your business, including the Flat Rate Scheme, which can sometimes result in significant savings for small companies.

HMRC requires limited companies to maintain accurate financial records for a minimum of 6 years from the end of the accounting period they relate to. These records include all sales invoices and receipts, purchase invoices and business expense receipts, bank statements, payroll records, VAT records (if registered), and records of any assets owned by the company. Poor record-keeping is one of the most common reasons businesses face penalties during HMRC investigations. Our limited company accountants provide bookkeeping support and cloud-based accounting software access through Xero, QuickBooks, or Sage — making it easy to store, organise, and retrieve your financial records at any time, from anywhere.

Absolutely. Managing a limited company with multiple directors or shareholders adds a layer of complexity to your accounting and tax planning. Our limited company accounting services cover dividend planning across multiple shareholders, preparation of director loan account reconciliations, advice on distributing profits tax-efficiently between shareholders, and full payroll management for all directors and employees. We also assist with shareholders’ agreements and advise on the most appropriate share structure for your company. Whether you are a two-person startup or a growing business with several stakeholders, our team has the experience to manage your financial structure properly and compliantly.

Switching accountants is simpler than most business owners expect, and the benefits can be significant — particularly if your current accountant is slow to respond, charges unpredictable fees, or lacks specific experience with limited companies. As specialist accountants for limited company in London, we handle the entire switching process on your behalf. We contact your previous accountant to obtain all relevant records and clearance letters, so there is no disruption to your business or filings. Once onboard, you benefit from fixed transparent pricing, dedicated support from a qualified team, proactive tax advice, and cloud-based accounting tools that give you full visibility of your finances. Many of our clients save money simply by moving to a fixed-fee package that is properly scoped to what their business actually needs.