Limited Companies

Understanding the importance of incorporation could be vital to the success of your business. At Ellis & Co we work with a number of small and medium size businesses throughout Cheshire and North Wales advising them on the points to consider before incorporation.

There are no simple answers to becoming a limited company, but with over 18 years experience in providing high level management and financial advice, we're specialists in every aspect, including converting to a limited company, the affects on taxation, status, remuneration and the legal process.

These are our services:

• Training in the use of computer based packages such as Sage Line 50 to maintain your accounting records and prepare your VAT returns and Sage Payroll to process your payroll.
  
• Preparing the annual limited company accounts and reviewing these with you. Explaining their meaning and undertaking ratio analysis to alert you to any significant changes.
  
• Undertaking a detailed review of the last three years of your business and presenting a graphical display of the changes occurring, making recommendations on trends likely to have a major impact.
  
• Strategic planning to ensure profitable business growth including preparation of profit and cashflow forecasts.
  
• Providing a tax planning service to identify and minimize tax liabilities prior to the business year end.
  
• Preparing corporation tax returns and notification of the tax liabilities well before the payment date in order to budget accordingly.
  
• Preparation of abbreviated accounts for Companies House to ensure the least disclosure of information.

Business Sales, Acquisition and Succession

• Business acquisition advice and review service to assess the potential of the proposed business purchase.
  
• Planning the sale of your business with particular reference to the commercial and tax implications.
  
• Succession planning for the next generation by assessing any inheritance tax liability and arranging for its mitigation.

Additional services include:

• Accounting and payroll services including Sage Line 50 and Sage Payroll
• Company formations
• Company secretarial services
• Financial services & legal advice