The LLP is a relatively recent innovation in the business world. It is the latest type of business vehicle to be introduced after having received official Royal Assent in 2000. It can be loosely described as a hybrid between a limited liability company and a traditional self-employment partnership. It offers the limited liability available to owners of limited companies combined with the tax regime and flexibility available to partnerships.
Your Company Formations offer two services - our standard package for (price) including our standard legally-checked set of Articles for your use. If you want to apply for a "limited name exemption" or if you want to use a sensitive word in your company name, please choose our Advanced package for (price) - again, you can use your own Articles or edit our legally-checked set of Articles to suit your requirements.
Companies limited by guarantee are often social enterprises - bodies like membership organisations, worker co-operatives, sports clubs, and community centres. They're a different type of limited company offering their shareholders limited financial exposure and liability in the event that their enterprise enters insolvency. Unlike a standard limited company, there are no shareholders or shares - there are guarantors who agree in advance to pay up to an agreement amount towards company liabilities. Again, unlike a standard limited company, profits are not generally distributed to the shareholders because any surplus funds should be re-invested to help the company achieve its social or other aims. Guarantors are legally entitled to take profits from the limited company but, if they do so, the company will lose its right to be considered as a not-for-profit enterprise. As with a standard limited company, a company limited by guarantee has its own legal identity and the personal finances of its guarantors are protected because of the pre-agreed limit of liability put in place at formation and from that point onward. Your Company Formations has been involved in the successful setting up of hundreds of companies limited by guarantee. Our team of experienced staff will work with from you right from the initial set-up through to the point of establishment of your company limited by guarantee and beyond. Companies limited by guarantee are not a suitable legal vehicle for the formation of a charitable company. Please click on our "Charity" page to find out more. For help and advice on forming a company limited by guarantee, please call us on (telephone number) or email us at (email address).
Your Company Formations is one of the UK's leading incorporation partners for directors and shareholders setting up public limited companies (plc).
Although most commonly associated with companies listed on the stock market, there are a number of distinct reasons why many directors and shareholders choose to their set up a plc from scratch or to convert their limited company into a plc. In the way that, in the minds of many, a limited company has more prestige and feels more secure and stable than an unincorporated sole trader or partnership, additional credibility and respect is lent to a company with the abbreviation "plc" after its name. For help and advice on forming a public limited company, please call us on (telephone number) or email us at (email address).
Cash Flow
Cash is the oxygen that enables a business to survive and prosper and is the primary indicator of business health.
While a business
can survive for a short time without sales or profits, without cash it will
die. For this reason the inflow and outflow of cash need careful monitoring
and management.
We look at the key elements of cashflow and at how effective cashflow
management will help protect the financial security of your business. It
outlines the steps that you can take when dealing with your customers,
suppliers and stakeholders to improve cashflow. It also highlights common
cashflow problems and how to avoid them.
Introduction
What is cash?
Cash inflows and cash outflows
The principles of cashflow forecasting
Manage income and expenditure
Cashflow problems and how to avoid them
Using your cashflow forecast as a business tool
Cash management in action
Refinements to a simple cashflow forecast
Here's how I manage my cashflow
It is essential to have a realistic, working business plan,
and cash flow management when you're starting up a business
or established in business.
A business plan is a written document that describes a business, its
objectives, its strategies, the market it is in and its financial forecasts.
It has many functions, from securing external funding to measuring success
within your business.
We will show you how to prepare a high-quality
cash flow plan using a number of easy-to-follow
steps.
Supporting your small business round the clock
Because we spend so much time with small business owners we know the stresses
you're under. That's why we've tailored our small business service to suit
you. You don't work 9-5 and nor do we.
As a small business owner you'll wear a number of different hats; sales,
marketing, finance, HR. The list goes on. To lighten your load, and give you
the support you need to succeed, we offer our small business customers easy
and regular access to a range of local business experts.
Your specialist Local Business Manager is committed to helping small
businesses. If your business is starting up, he or she can put you in touch
with accountants, marketing professionals and legal experts, on your doorstep.
So you can benefit from tailored advice from real people who know your area
and understand the pressures small business owners are under
There are three main reasons for needing accurate records of your income and expenses:
Tax Accountants can provide an accurate and comprehensive service tailored to suit your business or advise you on the methods best suited to you.
We will do the day-to-day accountancy work including payroll, all the bookwork, invoicing, credit control, VAT, and provide you with your very own webpage so that information is available to you 24/7. Our reporting tools will also help you to manage the cash flow and view projections for your company, helping you to make management decisions and stay in control.
We will make recommendations where necessary that will be tax efficient
and suggest those that will enable your business to flourish and prosper. You
don't need to pay for an expensive conventional accountant. Our fees are
highly competitive and our services offer so much more. Fast, reliable and
informative accounts are all part of the service!
Bookkeeping
Credit Control
VAT
Annual Accounts
Payroll
Software
Royalty Statements
New Business Start-Ups
Company Formation
From your source books and records we will prepare your annual accounts that will form the basis of your tax return, whether you are a sole trader, partnership or limited company.
They will also be invaluable for providing information about your business to financial institutions for example for mortgage applications. We will endeavour to advise you on ways to strengthen your record keeping that will assist you in meeting your statutory obligations and managing your affairs.
Let us take away this hassle which causes many businesses concern and stress each year. We offer competitive pricing and are very flexible.
Call us now on
01613990178 / 01617858688 / 07484866762
info@savetaxaccountant.co.uk