Accountants for Limited Companies in Blackburn & the Northwest

Accountant for limited companies

When you set up a limited company, the financial and legal obligations are significantly greater than those of a sole trader. That is why you need limited company accountants you can rely on. Every year you must file statutory accounts with Companies House and submit a corporation tax return to HMRC. You also need to keep accurate records throughout the year. If payroll or VAT apply to your company, those need to stay up to date too. Miss a deadline or file something incorrectly, and the fines arrive quickly. They escalate the longer they are left. We handle all of this for limited companies across Lancashire and the North West. As a result, the compliance side of running your business never becomes a problem.

Limited company director reviewing corporation tax return and annual accounts with a UK chartered accountant — accounting services for limited companies

What our limited company accountants handle for you

We cover everything a limited company needs to stay compliant and keep its finances in good order.

Statutory accounts

We prepare your annual accounts in the format required by Companies House and file them on time every year, the official financial statements your company is legally required to produce.

Corporation tax

We calculate your corporation tax liability, make sure all allowable expenses and reliefs are applied, and submit your return to HMRC well ahead of the deadline.

Bookkeeping

We keep your financial records accurate and up to date throughout the year so that when your year-end arrives everything is already in order.

VAT returns

If your company is VAT registered, we prepare and submit your VAT return each quarter through Making Tax Digital compliant software before the deadline.

Payroll

Whether you pay yourself as a director or have a team of employees, we run your payroll each month and handle all HMRC submissions.

Financial reporting

We give you regular, clear reports showing your income, costs and profit, so you can make informed decisions rather than guessing at how the business is doing.

What you get from working with us

Your salary and dividends structured to minimise the tax you pay each year

Someone to call whenever you have a question about your company finances

A clear picture of your company finances throughout the year, not just at year end

Every filing deadline met so you never receive an automatic fine from Companies House or HMRC

We work with you throughout the year, not just when a deadline is due.

Running a limited company means real deadlines with real consequences

A lot of people set up a limited company without fully appreciating what comes next. Companies House requires your annual accounts to be filed within nine months of your financial year end. HMRC requires your corporation tax return within twelve months, and the tax itself is usually due nine months and one day after your year end. If you also employ people or are VAT registered, there are monthly and quarterly deadlines on top of those.

Fall behind on any of these and automatic penalties kick in. Miss your Companies House filing deadline and you get a fine the same day. Miss it by six months and the fine doubles. HMRC adds interest and surcharges to late tax payments. None of this needs to happen, and with us managing your deadlines, it will not.

Something we see regularly: directors who have been running their limited company for a year or two, filing their own accounts late or not at all. Suddenly they are facing a pile of fines from both Companies House and HMRC simultaneously. By that point, the cost of sorting it out is considerably higher than it would have been to get help from the start.

If your company filings are currently behind, we can help you get back on track and put a structure in place so it does not happen again.

More ways we support limited company directors

Beyond the statutory filings, this is where a specialist accountant earns their fee.

Salary and dividend structuring reviewed each year, so you take money out of the company in the most tax-efficient way while staying fully compliant.

Director loan account monitoring, so you always know your position and avoid unexpected tax charges on overdrawn balances.

Tax planning ahead of your year end, not just a return filed after the fact, so allowances and reliefs are used before it is too late to act.

Support catching up on late or missing filings, with a plan to get Companies House and HMRC records back on track and penalty risk under control.

Cloud bookkeeping set-up in Xero, so your records are accurate throughout the year and year-end is fast rather than a scramble.

Frequently asked questions

How much does an accountant for a limited company cost?

Our limited company packages start at £95/month for a small company turning over up to £90k, including statutory accounts, corporation tax, confirmation statement and annual bookkeeping. Companies running payroll, VAT registered, or turning over £90k–£250k typically sit at £150–£250/month, and larger companies with more complex affairs are usually £300–£600/month. Fixed fee, agreed up front, no hourly surprises.

What is the most tax-efficient way to pay myself as a director?

For most director shareholders, a combination of a small salary and dividends works out considerably more tax-efficient than a straight salary, because it reduces the National Insurance you pay. Done correctly this is a legitimate approach; done incorrectly it creates problems with HMRC. We review your situation each year and set salary and dividend levels that minimise your tax while keeping everything fully above board.

What happens if I miss the Companies House filing deadline?

You receive an automatic penalty the day after the deadline, starting at £150 and rising to £1,500 if the accounts are more than six months late, and the penalty doubles if you were also late the previous year. We manage your filing calendar so this never happens on our watch.

What software do you recommend for limited companies?

Xero as the core ledger for almost every limited company we work with. It links directly to your bank feed, handles VAT and Making Tax Digital filing, and gives us live visibility of your numbers rather than working from a shoebox of receipts at year end. If you’re moving from spreadsheets or another package, we handle the migration for you.

How do I switch accountants to R&R?

We handle the whole process. We contact your existing accountant for professional clearance, request your records and prior year figures, and get you set up on Xero if you are not already using it. Most switches complete within a few weeks and there is no gap in your compliance cover.

My company filings are behind, can you help?

Yes, this is something we deal with regularly. We will assess exactly what is outstanding with Companies House and HMRC, prioritise the filings that stop penalties escalating further, and put a structure in place so it does not happen again.

Are you regulated?

Yes. R&R is regulated by the Association of Chartered Certified Accountants (ACCA). All work is signed off by an ACCA-qualified accountant.

Serving limited companies across Lancashire & the North West

Our head office is in Blackburn, and we work with limited companies in Preston, Burnley, Accrington, Chorley, Leyland, Bolton, Wigan, Bury and Manchester. Being cloud-based means location barely matters for day-to-day work, but face-to-face meetings are available at our Blackburn office whenever you want them.

Related specialities: Owner managed businesses · Wholesale & retail businesses · VAT returns & MTD · Payroll

Book a free consultation. We’ll review your last set of accounts, your current salary and dividend split, and your filing history with Companies House and HMRC, and give you three concrete things to change — whether or not you switch to us. Call 01254 839543 or book online.