Limited Company
Built on compliance, Driven by growth.
Overview
Life as a company director is both challenging and rewarding. Every success is fulfilling, but managing your company’s accounts can often take away the excitement of running your business.
At CBM Accounting, we understand the pressures that come with running a limited company. Our team of expert limited company accountants is dedicated to helping business owners eliminate the stress of accounting and focus on growth. We recognize the unique challenges and responsibilities that directors face and provide proactive accounting services to keep your business financially sound and moving forward.
Limited companies have significant legal and financial obligations and managing them can feel overwhelming. That’s where CBM Accounting adds real value. Beyond taking care of essentials like payroll, bookkeeping, and statutory accounts, we also provide strategic tax planning, management reporting, and financial insights. Our goal is to enhance efficiency, ensure compliance, and help you maximize profits while giving you the confidence to focus on what truly matters growing your business.
What is a Limited Company?
A limited company is a separate legal entity from its owners. This structure offers limited liability, meaning company directors are generally not personally responsible for business debts. Limited companies pay Corporation Tax on their profits and must file an annual Company Tax Return with HMRC. While directors’ personal assets are protected, company profits can only be accessed through dividends or a director loan, both of which have specific tax rules.
Setting up a limited company offers several advantages greater credibility, improved tax efficiency, and access to more business opportunities. However, it also brings additional administrative responsibilities, including registration with the company's house and submission of year-end accounts.
Accounting Services for Limited Companies
VAT Services:
Most limited companies in the UK are VAT registered, and early registration can often enhance credibility and allow for VAT reclaims on business expenses. At CBM Accounting, we assist with the entire VAT process from VAT registration and record-keeping to preparing and submitting VAT returns on time.
Our VAT specialists ensure your company claims all eligible input VAT and remains fully compliant with HMRC regulations. With our guidance, you can manage VAT efficiently, reduce liabilities, and improve cash flow management across your business.
Corporation Tax:
At CBM Accounting, we provide expert support with Corporation Tax returns, ensuring your company remains compliant and tax efficient. Our experienced accountants prepare and submit your Company Tax Return (CT600) to HMRC on your behalf, ensuring all deadlines are met and no detail is overlooked.
We also identify all allowable expenses and reliefs to help reduce your tax liability and ensure you never face unexpected tax surprises. With our proactive approach, you can focus on running your company while we handle compliance.
Accounting & Bookkeeping:
CBM Accounting offers tailored Accounting and Bookkeeping Services in the UK for limited companies across various sectors. As a trusted accountancy firm, they provide comprehensive financial solutions that ensure compliance with regulations.
Their qualified accountants manage everything from daily bookkeeping to year-end financial statements and Corporation Tax preparation, maintaining accurate and current records. With expertise in UK corporate tax and international standards, CBM Accounting aids companies in enhancing financial control, improving performance, and strategizing for future success, making them a reliable partner for monthly bookkeeping, annual accounts, and advisory support.
Their qualified accountants manage everything from daily bookkeeping to year-end financial statements and Corporation Tax preparation, maintaining accurate and current records. With expertise in UK corporate tax and international standards, CBM Accounting aids companies in enhancing financial control, improving performance, and strategizing for future success, making them a reliable partner for monthly bookkeeping, annual accounts, and advisory support.
Payroll Services:
Managing payroll can be time-consuming and complex, especially for busy business owners. That’s why CBM Accounting offers a comprehensive outsourced payroll service tailored to limited companies in the UK. From calculating salaries, tax, and National Insurance deductions to managing pension auto-enrolment, our team ensures your payroll runs smoothly and complies with HMRC regulations.
We take the stress out of payroll management, keeping your employees paid on time, your business complaint, and your operations running efficiently.
We take the stress out of payroll management, keeping your employees paid on time, your business complaint, and your operations running efficiently.