Business start-ups
If you’re thinking about starting your own business we can help in the following important areas which means you can concentrate on developing your business:
- Structure we will consider all aspects of your business proposal and advise what is the most appropriate structure in terms of sole trader, partnership or limited company
- Company formation Companies can be formed immediately with all documentation. We add value to the formation process by providing a bespoke service ensuring that all statutory obligations are fulfilled - all within competitive costs.
- Funding we will prepare business plans and cash flows to assess the working capital requirement of your business. We have established connections with bankers meaning that we know how they think and crucially we can talk to them outside of the business plan to tell them how your business really works.
- VAT and PAYE registration.
Bookkeeping and management accounts
We undertake bookkeeping and management accounts for a range of clients from small businesses and new start-ups to large established companies. They all want reliable financial information on a timely basis, which includes:
- Monthly or quarterly bookkeeping and management accounts
- Specific analysis and reporting on key performance indicators
- VAT returns (see also taxation services)
- Short term projects and secondments.
Annual accounts and audits
Sole traders and partnerships
We provide an efficient and cost effective service where we are preparing accounts from primary records. If you wish, you can simply bring all of your records into the office and we’ll prepare the accounts. However, our team will provide advice on how to record and maintain your business transactions to improve the quality of your records and potentially reduce your fee.
Limited companies and audits
Whether its abbreviated accounts for a small company or full accounts with an audit report we will ensure that your accounts are prepared and submitted within the reporting deadlines in accordance with all regulations.
Taxation
Let’s face it, for most of us in business the amount of tax we have to pay is one of the most important things we want to know. We acknowledge this and as such we have a dedicated tax department who support your business adviser. This ensures a strong focus on your tax position.
If you do happen to be subject to a tax enquiry we have significant experience in dealing with tax investigation cases. Also, if you feel that you’re current accountant doesn’t have the experience to deal with your investigation we would be happy to advise you.
We prefer to provide a holistic view to your tax planning as a decision on one tax matter can often affect another area of tax. Our key areas of expertise include:
- Personal
- Corporate
- VAT
- Inheritance tax
- Capital gains tax
- All types of investigation and enquiry work
Corporate Finance
Buying or selling your company can be one of the biggest transactions of your business career. It’s an unfortunate fact that a significant number of acquisitions and management buy-outs fail, mainly as a result of the wrong deal structure from the outset.
It’s imperative therefore, that you choose an adviser that has specific experience in corporate transactions as this is a highly specialised area. As such transactions can take anything from 3 months to a year to complete, it’s also important that you have an adviser you can work with.
At Shire, all partners have experience of buying and selling companies. Luke Mulligan spent over five years with a top five Corporate Finance practice where he worked solely on Corporate Finance assignments ranging from due diligence to acquisitions, buy-outs and disposals of businesses. Our other partners also have significant experience in buying and selling businesses both as advisers and as part of the buying/ selling team.
Information Technology
Accounting systems
We are a recognised Sage reseller and trainer and have installed many systems for our clients, from simple packages to helping to design bespoke packages to suit specific business dynamics.
Other IT services
We have partnership arrangements that enable us to provide you with the following services and ensure that it is tailored to your business requirements.
- IT system review, including security, software training and ongoing strategy
- Reviewing the interaction of IT systems to accounts
- Best price sourcing and installation of networks and terminals
- Web design and development, including trading over the internet
- Database and customer relationship management strategy
We can help you find the right IT solution for your business and help you implement it.
Health & Safety, HR and employment law
We’re employers too and therefore know how time consuming the ever-increasing legislation in these areas can be. We have partnership arrangements that mean you will be able to access these services at a discount, and where appropriate we will liase with our partners to provide them with the benefit of our knowledge of your business therefore maximising the efficiency.
Shire House, 4 Long St. Stoney Stanton, Leicestershire, LE9 4DQ Tel: 01455 271111 Fax: 01455 271341
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