Limited Companies

Support for launching and running your incorporated business

Starting a business is always exciting, but you won’t get far without the support of a good accountant. At Penny Lane Accountants in Chester, we make sure you are ship-shape and ready to launch your limited company with confidence.

As experienced business people, we provide clear, practical advice covering everything from company registration and HMRC compliance to tax efficiency, finance and long-term planning. Our aim is to remove complexity, reduce risk and help you focus on growing your business.

Accountancy services for limited companies

Running a limited company brings additional responsibilities and reporting requirements. Keeping on top of these can be time-consuming and, if done incorrectly, costly.

We support limited companies at every stage — from start-ups to established businesses — ensuring you meet your statutory obligations while making informed financial decisions.

Our role goes beyond compliance. We work with you to understand your business, your goals and the challenges you face, so we can provide advice that genuinely adds value.

Limited company accounting services we provide

Our services for limited companies are designed to give you clarity, control and confidence:

• Company formation and setup
  Advice and support when setting up your limited company, including registration and initial structure.

• HMRC and Companies House registration
  Registering your company and ensuring all required details are correctly recorded and maintained.

• Year-end accounts for limited companies
  Preparation of statutory accounts in line with UK accounting standards and Companies House requirements.

• Corporation tax for limited companies
  Calculation and submission of corporation tax returns, ensuring liabilities are accurate and deadlines are met.

• Director remuneration planning
  Guidance on salaries, dividends and tax-efficient extraction of profits.

• VAT registration and returns
  Advice on VAT registration, schemes and ongoing compliance where applicable.

• Company secretarial support
  Assistance with confirmation statements, changes to company details and statutory records.

• Management accounts and financial reporting
  Ongoing insight into performance, cash flow, budgeting and forecasting to support decision-making.

• Tax planning and business advice
  Proactive tax planning for both the company and directors, alongside strategic business support.

Compliance support for limited companies

Limited companies must meet strict filing deadlines with HMRC and Companies House. Missing these deadlines can result in penalties and unnecessary stress.

We ensure everything is prepared accurately and submitted on time, keeping your limited company compliant throughout the year. Just as importantly, we explain your accounts and tax position in plain English, so you always understand where your business stands.

Local limited company accountants in Chester

Based in Chester, we work closely with local limited companies and understand the challenges faced by company directors. Whether you are launching your first limited company or looking to improve how your existing business operates, we provide straightforward, reliable support you can trust.

If you’re looking for clear advice, fixed-fee pricing and an accountant who takes the time to understand your limited company, we’d be happy to help.