Limited company success

Running a successful limited company entails significant responsibility, including managing clients, marketing services, and handling finances.

Goodridge Accountants understand the importance of selecting the right accountancy service for your limited company. We offer expert guidance and support to navigate the complexities of limited company operations.

The benefits of incorporation

Incorporating as a limited company offers numerous advantages, including limited liability protection and potential tax benefits. Incorporation means that you establish a separate legal entity that conducts business. However, it also entails additional legal obligations like tax filings and annual reports.

Our team can assist you through the process, from filing articles of incorporation to ensuring regulatory compliance, these enable you to reap the benefits of incorporation whilst minimising the risks. We provide expert guidance to help you understand the advantages and determine if incorporation is the right choice for your business.

Services available:

  • Bookkeeping
  • VAT return preparation
  • Payroll services
  • Company accounts, preparation registrar of companies, and HM Revenue and Customs
  • Confirmation statements
  • Registered office services
  • Corporation tax return preparation and electronic filing

Contact us today

Contact us to discuss how we can assist you with your tax returns to achieve your financial goals.

Company formation, registration, and compliance

We help with company formation, registration, and compliance, ensuring a smooth and efficient process. From establishing your company structure to registering with relevant authorities, we handle all necessary steps to legally establish your business.

Despite common assumptions, registering with Companies House alone doesn’t mean automatic legal compliance. Since the Companies Act of 2006, confusion has arisen regarding necessary documentation. Known as ‘statutory registers’, these documents ensure legal transparency. It’s crucial to maintain up-to-date records, from director and shareholder information to annual accounts and returns.

Director responsibilities and corporate governance

As a director of a limited company, you have specific responsibilities and obligations. Failure to meet these requirements can result in severe consequences, including criminal charges and hefty fines. Our experts offer guidance on director responsibilities, company taxation, and annual reporting obligations, helping you fulfil your duties effectively.

In addition, we assist in implementing effective corporate governance practices of your limited company to ensure transparency, accountability, and compliance. From establishing governance policies to conducting board meetings, we help you to maintain best practices.

Tax planning and profit extraction methods

Our team provides tailored tax planning advice, strategies, and profit extraction methods to optimise your tax position and maximise profits. We work closely with you to develop tax-efficient strategies aligned with your business goals and financial objectives.

Whether you’re a new entrepreneur looking to streamline your business operations, or an established business considering retirement planning. We provide comprehensive support to limited company owners, we’re here to guide you every step of the way.

Investment schemes

Goodridge Accountants can provide guidance on how to raise capital that benefits from tax incentives for business growth. These include various ways of raising working capital such as Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS), and venture capital financing. Our expertise enables informed decision-making aligned with your business objectives.

We have been using Claire’s accounting services for almost 20 years and during that time we have built a strong relationship professionally.

She is always on hand to deal with any questions regarding our business no matter how big or small. Claire is approachable and professional a rarity to find these days.

Would recommend her services to anyone that asks!

Goodridge Accountants have been providing accountancy services for our business for four years now. From start-up advice to everyday accountancy and Xero problem solving, Claire has also navigated us through the minefield of the Construction Industry Scheme and continues to provide us with expert advice and support. Always available by phone, email or through the secure Onvio portal, we would highly recommend Goodridge Accountants to offer you a professional, personal and friendly service.

We have been with Goodridge Accountants since May 2018, and Claire’s service has been exceptional. Her expertise and dedication shine through in every aspect. She quickly grasped our business needs, offering tailored solutions. Claire’s hands-on approach ensures our financial goals are met, and her ability to explain complex concepts in simple terms has been invaluable. She not only provides excellent accounting services but also acts as a mentor, guiding us strategically. With her use of the latest technologies, managing our finances has become effortless. Claire’s professionalism, expertise, and personalised approach make her stand out. We highly recommend her services.

My family and I have used Claire at Goodridge Accountant’s for over 18 plus years. She has been invaluable in helping us – from when we first set-up to transitioning us into a Limited Company. The time, effort, and knowledge she has provided is first class. She is always available and quick to answer any questions, we have had along the way. Even late at night sometimes! That’s the level of service you will get with Claire.

Goodridge Accountants have always provided flawless service and support for our business. Information is always provided in great detail and very promptly. We would recommend Goodridge Accountants.