Limited Company Accountants

limited company accountants

On this page, you’ll find a list of verified fixed-fee limited company accountants offering all-inclusive accountancy services starting at just £40 per month. So, if you are looking for comprehensive online accounting services for your limited company, you have come to the right place.

Our team of accountants offer comprehensive services and support, so you don’t have to look elsewhere. Services for a fixed-fee and no hidden costs.

Before we begin, let us first understand what is the role of a limited company accountant.

What is a Limited Company Accountant?

A limited company accountant, also commonly referred to as a Ltd company accountant in the UK, is a professional who specialises in managing the financial and regulatory requirements of limited companies in the UK. Their role is crucial in ensuring that the company complies with UK financial regulations, maintains accurate financial records, and optimises its financial performance.

In the UK, a limited company accountant performs various essential functions to help manage the financial and regulatory obligations of a limited company. These responsibilities include:

  1. Bookkeeping: Maintaining accurate financial records of all transactions, including sales, purchases, and other financial activities. This ensures the company's financial records are up-to-date and accurate.
  2. Annual Accounts Preparation: Preparing and filing annual accounts (also known as statutory accounts) in accordance with UK accounting standards and regulations. These accounts provide a summary of the company’s financial performance and position.
  3. Tax Compliance:
    1. Corporation Tax: Calculating the company's corporation tax liability and filing the corporation tax return (CT600) with HM Revenue and Customs (HMRC).
    2. Value Added Tax (VAT): Managing VAT registration, preparing and submitting VAT returns, and advising on VAT planning and compliance.
    3. PAYE and National Insurance Contributions: Managing payroll, ensuring the correct amount of PAYE (Pay As You Earn) and National Insurance Contributions (NICs) are deducted and paid to HMRC.
  4. Financial Reporting: Preparing financial statements, including profit and loss accounts, balance sheets, and cash flow statements, to provide a clear picture of the company's financial health.
  5. Management Accounting: Producing regular management accounts to help business owners make informed decisions. This includes budgeting, forecasting, and variance analysis.
  6. Company Secretarial Services: Ensuring compliance with Companies House requirements, such as filing the confirmation statement, maintaining statutory registers, and updating records of directors and shareholders.
  7. Tax Planning and Advisory: Providing strategic tax advice to optimise the company’s tax position, including guidance on allowable expenses, capital allowances, and other tax reliefs.
  8. Dividend Management: Advising on the declaration and distribution of dividends to shareholders, ensuring compliance with company law and tax regulations.
  9. Audit and Assurance: If required, preparing for and assisting with statutory audits, ensuring that financial records and statements comply with legal and regulatory standards.
  10. Business Advice: Offering strategic advice on business growth, cost management, investment opportunities, and financial planning to help the company achieve its goals.
  11. Compliance and Regulatory Advice: Ensuring the company adheres to relevant financial regulations and industry standards, including compliance with UK GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards) as applicable.
  12. Support with Loans and Financing: Assisting in the preparation of financial documents and business plans for securing loans, grants, or other financing options.

In summary, a limited company accountant in the UK plays a vital role in the financial management of a limited company, ensuring compliance with regulatory requirements, optimising tax efficiency, and supporting strategic business decisions.

Our Trusted Limited Company Accountancy Partners

Below is a list of our trusted and highly recommended accountants for limited companies. They are among the best in providing accounting services to limited companies and small businesses in the UK.

Accountant Benefits Fee Company Profile
CCM Accountants Logo
Dedicated accountant
Free company formation
Unlimited face to face, phone and email support
Annual accounts
Online Portal
Tax Returns
£75 Per Month View Profile
DASA Accountancy Logo
Dedicated account manager & unlimited telephone support
New business incorporations and filing at Companies House
Annual tax returns and self-assessment submissions to HMRC
Quarterly and end-of-year VAT returns and submissions
Expert personal tax advice and HMRC investigation protection
Outstanding customer service
£76 Per Month View Profile
Point Accounting
Dedicated account manager with unlimited telephone support
New business incorporations and Companies House filings
Year-end and self-assessment tax submissions to HMRC
Full bookkeeping, including receipts and expenses
VAT returns, both quarterly and year-end submissions
£150 Per Month
(Comprehensive Package)
View Profile

What services do limited company accountants offer?

  1. Annual tax returns and self-assessment submissions to HMRC
  2. Quarterly and end-of-year VAT returns
  3. Personal tax advice and HMRC investigation protection
  4. Free Company Formation and filing at Companies House
  5. Registered Office Address
  6. Business Banking Setup
  7. IR35 Review
  8. Personal Tax Advice
  9. Dedicated Account Manager
  10. Face-to-Face, Email and Phone Support
  11. 24/7 Access to Online Portal
  12. Employee References
  13. Annual Business Review
  14. Business Insurances (Public Liability (PL), Professional Indemnity (PI) & IR35
  15. Dividend & Corporation Tax Calculations

How much do limited company accountants cost?

Limited Company Accountants typically charge anywhere between £40 per month to £150 per month. There are many accountants who provide limited company accounting services for a fixed fee at a reasonable cost. Accountancy service charges vary a lot. We recomend appointing a fixed-fee accountant who provides online ltd company accounting services without any hidden costs.

When do you need an accountant for your limited company?

While there is no compulsion to appoint an accountant for your limited company, and you can manage it by yourself, it is advisable to appoint one to be tax-efficient. A limited company accountant can help you save on tax.

When evaluating potential accountants, consider their range of services and how they align with your company’s current and future requirements. The best accountants will offer services beyond bookkeeping, such as tax planning, advice on business structure, VAT returns, and compliance with IR35 regulations. Make sure they are responsive and proactive, offering a personalised approach rather than a one-size-fits-all solution. Lastly, consider the costs but don’t compromise on quality. Always looks for accountants who provide transparent pricing and have a track record of helping limited companies maximise their financial efficiency while minimising tax liabilities.

How to find the best limited company accountant?

Finding the right accountant for your limited company is important for ensuring smooth financial management and compliance. The first step is to identify your company’s specific needs. Whether you are a freelancer, contractor, or small business owner, look for accountants who specialise in limited companies. They should have a deep understanding of UK tax laws, HMRC regulations, and accounting standards tailored to limited companies. Begin by researching online reviews, seeking recommendations from other business owners in your industry, and checking professional qualifications, such as membership in the Association of Chartered Certified Accountants (ACCA) or the Institute of Chartered Accountants in England and Wales (ICAEW).

Top Tips to help you choose the right Limited Company Accountant

  • Look for their qualifications, for example, ACCA, ACA, MAAT, AAT, CAT etc.
  • Check if they are member of CIMA or ICAEW etc. Typically, you'll see their membership logo and information in their email signatures or in their website footer
  • Are they local or outsourced Accountants? Can you walk-in to their office when you have queries or do they only provide online support
  • Ask about how much they charge and what exactly do they offer for the fee they charge
  • Is the fee they charge fixed or is it subject to change? Would there be any additional or hidden charges
  • Do they provide a dedicated Accountant to you (what will be their qualifications)
  • What type of support will you get for your queries (Email / Phone / Walk In)
  • Do they offer cloud accounting services and use latest tools and software

Best Limited Company Accounting Firms in the UK

Below is the list of top 10 limited company accountants in the UK:

  1. Carter Collins & Myer
  2. DASA Accountancy
  3. Point Accounting
  4. Intouch Accounting
  5. SG Accounting
  6. Bluebird Accountancy
  7. Dolan Accountancy
  8. Nixon Williams
  9. Brookson One
  10. PayStream

Limited Company Accountants List

Below is a list of limited company accountants. This list was last updated on 16 December 2024

  • Carrington Accountancy
  • MyAccountant
  • PayStream
  • Brookson One
  • Danbro
  • Black Diamond
  • Advance
  • SG Contractor Accounting
  • Oasis Group
  • Umbrella.co.uk Accountancy Services
  • Sapphire Contracting
  • Nasa Group
  • Caroola Accountancy
  • Trafalgar
  • NASA Group
  • Dolan Accountancy
  • No Worries
  • Spry Pay
  • ics Accounting
  • Churchill Knight & Associates Ltd
  • Workwell
  • Sterling
  • Giant pay
  • Intouch Accounting
  • Bluebird Accountancy
  • JMK Group UK
  • Clever Accounts

If you need any help with limited company accounting then, simply fill in the Request a Call Back form on this page or write to us at [email protected] and we will be more than happy to help.

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