Limited Company Accountants
Suited to investor, tenders, or B2B groups.
Consultax is a family-owned accountancy providing comprehensive financial services to limited
companies across the region. We work in close partnership with our clients to improve operational
efficiency, drive cost savings, and support long-term personal and business financial growth.
Simplified Accounting For Limited Companies
Focus on growth, not paperwork. Consultax provides clear, reliable accounting support tailored to the needs of limited companies.
Accountants Committed to Your Success
Reliable, proactive, and results-driven - we apply the same level of dedication to your success that you bring to your business every day.
Insightful Advice That Moves You Forward
We go beyond the numbers to offer guidance that’s tailored, and built for growth.
Personalised Service That Feels Like Partnership
Your goals matter, so we deliver attentive, custom support designed to guide you towards lasting success.
Financial Clarity You Can Fully Trust
We prioritise clear communication, accounting support you can understand and rely on.
What is a Limited Company?
A limited company is a separate legal entity from its owners, offering protection through limited
liability. This means shareholders are only responsible for business debts up to the value of their
investment, keeping personal assets safe.
There are two types of limited companies: Private limited companies (Ltd) and Public limited
companies (PLC).
Private limited companies are more common for small and medium-sized businesses, while Public
limited companies can raise capital by selling shares to the public.
Running a limited company can boost your credibility and offers potential tax advantages. However,
it also brings responsibilities - including paying Corporation Tax and submitting annual accounts to
HMRC. Directors must follow specific rules when withdrawing profits, such as issuing dividends or
using director’s loans.
This structure provides a clear, professional framework for managing your business finances
effectively and responsibly.
Our Expertise: Helpful Services at a Glance
As your trusted accountancy partner, we offer a comprehensive range of specialist services tailored specifically for limited companies. With our expertise, you can confidently concentrate on core business activities while we maintain the integrity and accuracy of your financial data.
Company Formation
Thinking of launching your own limited company? We ensure your journey begins with confidence, guiding you from incorporation to understanding your duties as a director. Our expert advice helps establish a robust share structure that minimises tax liabilities, allowing you to focus on growing your business.
Payroll
Managing payroll can be complex while growing a limited company. At Consultax Accounting, we provide a fully managed service covering salaries, tax, auto-enrolment, and pensions. With our support, your obligations are met, employees are paid correctly, and your business remains fully compliant. We make payroll simple and stress-free.
Preparation of Annual Accounts
Preparing accurate annual accounts is essential for every limited company. At Consultax Chartered Accountants, we manage the entire process, reconciling records and meeting Companies House and HMRC deadlines. Our approach ensures compliance and provides the clarity needed for informed business decisions.
Corporation Tax and Personal Tax Services
We provide comprehensive tax advisory services for limited companies and their directors. Our team prepares corporation tax returns accurately and on time, while also offering strategic personal tax planning to optimise overall tax positions. From tax-saving opportunities to filing obligations, we deliver an end-to-end service so you can focus on growth.
VAT Registration and Returns
VAT compliance is critical, and early registration offers financial and reputational advantages. We provide a fully managed VAT service, advising on registration, preparing returns, and ensuring compliance with HMRC and MTD requirements. With our support, you can focus on your business while we handle all VAT matters efficiently.
Why Choose Us for Your Limited Company Accounts?
Smart, seamless, and built for modern businesses. Consultax takes the hassle out of accounting so you can focus on scaling your company. Here’s what sets us apart:
- Stay Ahead, Not Behind
- Accuracy You Can Rely On
- Time Back in Your Hands
- Deadlines? Handled.
- Smarter Tax Efficiency
- Fast, Clear, Actionable
Are You Ready To Get In Touch?
Quick & affordable, avoid errors and penalties, keep your finances organised with our expert accounting services & bespoke packages.
Frequently Asked Questions
While it's not a legal requirement, having an accountant is invaluable for a limited company. However, going it alone risks costly penalties and missed opportunities for valuable tax savings that a professional could help you secure. An accountant ensures compliance, manages financial records, and offers strategic tax advice, allowing business owners to focus on growth.
Absolutely. To operate as a limited company, you must register with Companies House and keep them posted your company’s structure and financial work. This means regularly updating details like directors, shareholders, and submitting annual accounts. It’s all part of staying above board and ensuring your business meets its legal obligations.
The tax you’ll pay depends on your business profits and how effectively you utilise expenses and tax reliefs. After calculating your tax liability, you’ll need to file a company tax return to inform HMRC of what’s due. Our expert accountants specialise in helping limited companies stay tax-efficient, ensuring you only pay what you owe while staying fully compliant so you can keep more of what you earn and stay on the right side of the taxman.
You’re required to maintain your limited company’s accounts and financial records - such as invoices, receipts, and bank statements for at least six years from the close of the financial year. Keeping these records well organised helping to stay on top and ready for any potential audits.
Generally, it’s the board of directors who approve the annual accounts for a limited company. Having a dedicated accountant in your corner can streamline the process, ensuring everything is done quickly and efficiently. Their expertise helps keep things running smoothly and on the right track.