We are accountants that focus on supporting you from bootstrapping the business in your bedroom to getting your initial Seed capital from angel investors, through to receiving your Series A to C funding rounds. This business journey, whether it is slow or fast, demands very different things from your accounting firm at different stages of your growth.
Like all accountants we of course do the regulatory items like statutory accounts for Companies Houses, corporation tax filing for HMRC, payroll & workplace pensions, Companies House secretarial duties, as well as VAT returns.
It is important to realise that most accountants do not deal with these items every day, so it is key to choose an accountant that has experience doing specialist start up compliance tasks. These could include:
Whether you are a serial founder in later life, or a millennial trying to understand capital gains and dividends for the first time, we are on hand to support you with your personal tax planning and wealth management activities.
It is likely that doing your bookkeeping once a month or quarter is simply not enough anymore as you are now a proper business that needs to monitor cash burn, review business performance and report to stakeholders. Our bookkeeping service can include monthly, 2 weekly, weekly, bi-weekly and even a daily reconciliation frequency to match your growing volumes of accounting transactions. Where required, we can also assist in chasing money from your customers, paying suppliers and even facilitate partnership credit facilities.
We are pragmatic, sometimes your business only needs a proper bookkeeping and management accounting service that you can rely on before you invest in a Virtual Finance Director. However, where required we have a list of virtual finance directors who can work with your business onsite or remotely.
It is rare to find, but we are a team of chartered accountants as well as software engineers. If you have a propriety software platform controlling large volumes of your financial or even operational data required to support your financial reporting processes, we are an accounting firm that can call an API, grab data from an SFTP site, or even query a SQL database to get to the data we need. So, suppose you are a SaaS business using online payment gateways, an e-commerce business with an in house inventory management system, or even a fintech platform - in that case, we can setup up automated processes to support your finance function without draining internal resources from your core activities.
We run our own SaaS product that provides PowerBI Dashboards that sync to Xero, QuickBooks and Sage in real-time, while also connecting to other systems within your business like Google Analytics, Salesforce and cash flow forecasts in excel. Whilst we can indeed provide traditional paper and excel based management accounts, we try to make this real-time solution the core of our client business reporting cycle.
Use our team as your complete outsourced finance department or take parts of the service to fit into your existing function. We appreciate this also changes over time require you to scale up the service as you grow, but even scale down again as you start to reach maturity with an in-house finance team.
Get in touch if you are scaling a business needing more from your accountant.