If you share our passion and energy for business, we understand your drive to maximise enterprise value. Startups in Edgware, Colindale and the surrounding areas often have a solid proposition, but may need financial and legal guidance. As startup accountants in North London, we work to understand your business drivers, cost centres and competitive landscape. Our support with tax advisory and strategic management across your business life cycle spans:
Startup
- Optimal structure of business and shareholders’ agreement
- Business strategy (analysis, choice, implementation and monitoring)
- Business planning, performance and growth, including business funding
- Outsourcing (cloud accounting, VAT, payroll, accounts receivable/payable)
- Cash flow, monitoring and management, including forecasting R&D milestones
- Tax advisory, including EIS, SEIS and R&D Tax Relief
Scale
- Seed funding: financial model and key metrics
- (Seed) Enterprise Investment Scheme (SEIS/EIS).
- Budgets & forecasts
- Dashboard & KPI reporting
- Management reporting
- Development of internal controls
- Developing accurate financial information
Grow
- Corporate restructuring
- Creating shareholder wealth
- Growing the team: remuneration planning, share options, handbooks, contracts and expense management
- Overseas expansion
- Financial due diligence
Establish
- Valuing a business
- Identifying purchasers
- Corporate tax planning
- Personal tax planning
Latest News
Automate Salary Payments
You may be all-too-familiar with the process and time spent dealing with payroll and HR: emails, telephone calls, attachments, more emails to employees, setting up bank payments…the list goes on. Large businesses will have segregated duties, with an HR lead responsible for managing joiners and leavers and holiday requests, an Operations Manager for coordinating and […]
Hair Salon Business Model: which style suits you?
As a hair salon or barber shop owner, you aim to run your business in a way that maximises revenue, reduces costs, and ensures a good working relationship with your staff and customers. It is important to choose the right model that suits your business needs from the outset. We discuss below three different models […]
The Taxation of Inter-company Loans
Under the right circumstances, which can of course be shaped, intercompany loans are an effective means of funding further profit or not-for-profit motives. Consider Mr Trader, who is director and sole shareholder of Company T, a trading company. Company T has grown with accumulated profits in excess of £2m, matched by substantial cash balances. Mr […]
EIS Tax Relief for Joint Investment
The following scenario often arises with our client Mr Investor, who is considering investing in an early-stage business. Wonderful Ltd is an established FinTech company which has developed a track record of an established user base, consistent revenue figures and other key performance indicators. Wonderful Ltd is now seeking to raise Series A funding of £1.5 million […]
Trading in Goods post Brexit
For many, Brexit continues to be the undefined, being negotiated by the unprepared, in order to get the unspecified, for the uninformed. For others, Boris Johnson’s hard-knuckled talk, timed to boil down to deadline day, represents the dominant strategy that always had to be played against a fiercely rigid opposition- one that also risks losing […]
Trading in Services post Brexit
To start off with some good news, the rules for services will largely remain unchanged after 1 January 2021- as things stand. Trading in services with the EU can be categorised into three broad scenarios which will cover most UK traders. Sales of business to business (B2B) services The general B2B rule (VAT Notice 741A) […]
Technology and Professional Services Grant for SMEs
The government has announced details of new funding, designed to help small and medium sized businesses (SMEs) access technology and advice. SMEs will have access to grants of between £1,000 – £5,000 to help them access new technology and other equipment as well as professional, legal, financial or other advice to help them get back […]
Professional Services Firm: LLP or LTD
We are often asked to advise our Professional Services clients, lawyers and accountants, on the optimal business structure: LLP or limited company (LTD). Whilst the statutory and accounting filing requirements are similar across both structures, the LLP was introduced to offer flexibility in management and pay: both important in human-capital-intensive Professional Services Firms. An LLP […]
The Coronavirus Local Authority Discretionary Grants Fund
The Chancellor announced further government support to small businesses with fixed property costs, that are not eligible for the Small Business Grant Fund or the Retail, Hospitality and Leisure Grant Fund. The grant is designed to allow businesses to continue meeting their property-related overheads, so that in turn less strain is placed on landlords, who […]
Coronavirus Bounce Back Loan Scheme
Among the range of UK Government measures to help protect businesses and individuals from the economic impact of coronavirus, the latest to be announced is the Bounce Back Loan Scheme (BBLS). Launched on Monday 4 May 2020, smaller businesses impacted by coronavirus are now able to apply for funding support of up to £50,000 via […]