Accounting Services

Limited Companies

Whether you are just starting your business or an experienced entrepreneur we can assist and support you, giving you peace of mind to focus and grow your business.

We have over 20 years of experience of providing a reliable, efficient and affordable limited company service.

We go that extra mile

We provide a personal service tailored to you. We don’t just deliver year-end accounts; we go above and beyond by providing essential insights to guide your business in the right direction.

Many firms claim they can lower your tax bill, but they often overlook a key element: The proper preparation of your accounts.

The accuracy of your tax calculation depends entirely on the quality of the accounts prepared. With our extensive expertise and strong reputation for meticulous accounts preparation, we utilise our innovative approach to help your business save on tax.

Why Choose Us?

Company registration: We can help you set up your company ensuring its correct from the start.

HMRC registration: We will register your business correctly with HMRC.

Year-end accounts: Prepare the company year-end accounts ensure that they are HMRC compliant.

Tax Savings: We will assist you to save tax by claiming allowable expenses and relief. 

Added Value: We’ll take the time and care to talk through your results with you, offering valuable suggestions, helping you plan the best way forward for your business.

Personal Services: Unlike larger firms you will receive a personalised service that’s tailored to you, giving you the attention and care that you deserve.

Recommendations: Make valuable suggestions to help steer the business in the right direction.

Fixed Price: Fixed fees service with no surprise invoices. 

Availability: Need to speak after 5.30pm or over the weekend, no problem we are here to help you.

Feel free to reach out to us today and start saving money. Call 0161 879 7175. Our team is available to assist you and would be delighted to have a conversation with you!

Limited Company Frequently Asked Questions

Below are the most common questions we get asked as Limited Company experts. Feel free to explore and discover how we can support you on your financial journey.

What are the key benefits of running a limited company?

Running a limited company offers tax efficiency, limited liability protection, and enhanced credibility with clients and suppliers.

How do I ensure my limited company stays compliant?

You can stay compliant by keeping accurate financial records, filing annual returns on time, and staying updated with any changes in regulations.

How do I pay myself tax efficiently from my limited company?

You can pay yourself a combination of salary and dividends, which can be a tax-efficient way to draw income from your business. Much depends on your circumstances.

What expenses can I claim through my limited company? 

You can claim business-related expenses such as office supplies, travel, and professional services. Just make sure they are necessary for running your business.

How do I manage cash flow effectively in my limited company?

Regularly monitor your income and expenses, create cash flow forecasts, and ensure prompt invoicing to maintain healthy cash flow.

What is the role of a company director in a limited company?

As a company director, you’re responsible for making strategic decisions, ensuring compliance, and acting in the best interest of the company.

Do I need a separate business bank account for my limited company?

Yes, it’s essential to have a separate business bank account to keep your personal and business finances distinct and compliant.

How often do I need to file accounts for my limited company?

You will need to file annual accounts with Companies House and a corporation tax return with HMRC each year.

What happens if my limited company makes a loss?

If your company makes a loss, you may be able to carry it forward to offset against future profits, potentially reducing your tax bill.

Can I change my company name after incorporation? 

Yes, you can change your company name after incorporation by passing a resolution and notifying Companies House.

What is the deadline for filing a company’s annual accounts with Companies House?

Limited companies must file their annual accounts with Companies House within 9 months after the end of their financial year.

What is the deadline for submitting a Confirmation Statement to Companies House?

The Confirmation Statement must be filed with Companies House every year, within 14 days of the company’s “confirmation date,” which is usually the anniversary of incorporation or the date of the last statement.

When must a limited company pay its Corporation Tax?

Corporation Tax is due 9 months and 1 day after the end of the company’s accounting period, even though the tax return itself is due later.

If you have any further questions regarding your Limited Company or would like to speak to one of our accountants for friendly advice and support, please get in touch today.

Accounting Solutions Manchester
Google 5 Star Review

Accounting Solutions are by far the best accountants I’ve ever had. Jay and his team have been invaluable to my company over the years. It’s daunting starting a new business, but Accounting Solutions have provided a personalised service, support and thorough guidance. No question is too daft or too obscure for them to answer. From assisting us with the books/VAT returns through to preparing our limited company accounts and tax returns, I cannot recommend them enough. Look no further for one of the best accountants in the Manchester area.

K

Kelvin Nguyen

Google 5 Star Review

Jay from Accounting Solutions has been helping me with my business for the past 2 years. He has been an amazing help, and supported me with valuable information from best practice on tax planning, to yearly accounts and tax return.

I chose working with Jay over larger companies due to the personalised experience he offers my business. I can rely on him at any time to answer my questions and help me solve issues. And as a small business, I am grateful for the support received. Thoroughly recommended for any business looking for accounting services in Stretford.

N

Nayal Khawaja

Google 5 Star Review

I have recently set up a limited company after being a sole trader for twenty years. Jay has made navigating all the requirements for HMRC as a Ltd company, extremely understandable and much less daunting.

I would thoroughly recommend Accounting Solutions Manchester, if you need an accountant who knows his stuff, and is always available to speak with you, whenever you need some clarity or support with financial matters.

L

Lisa Lawton

Let’s get started today

For a Free no-obligation consultation with our Manchester accountants, contact us today.

We’ll answer any questions you may have to help you make the right decision for your business.