Accountant for new Ltd with no revenue Accountant for new Ltd with no revenue
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  1. #1

    Nervous Newbie


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    Jul 2020
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    Default Accountant for new Ltd with no revenue

    Hi all,

    I've joined this forum as I'm going to set up an Ltd to build some software which won't probably see any revenue for at least a year.
    The reason why I'd like to have an accountant when setting up my Ltd is to also have a registered address to use for the incorporation.

    I'd like to find an accounting firm that can be flexible and not charge the usual ~£100 for doing basically nothing for a year and can switch to normal operations once there is some revenue.

    I found the list of accountants suggested in this forum, but all of them seem to require the monthly fees.

    Do you have any advice on how to approach this problem?

    Thanks.

    Matt

  2. #2

    Default

    Yes form a limited company when you are ready to sell


    Sent from my iPhone using Contractor UK Forum

  3. #3

    TykeLike

    SimonMac's Avatar
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    Aug 2010
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    God's Own Republic Of Yorkshire
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    24,279

    Default

    Quote Originally Posted by Ldter View Post
    Hi all,

    I've joined this forum as I'm going to set up an Ltd to build some software which won't probably see any revenue for at least a year.
    The reason why I'd like to have an accountant when setting up my Ltd is to also have a registered address to use for the incorporation.

    I'd like to find an accounting firm that can be flexible and not charge the usual ~£100 for doing basically nothing for a year and can switch to normal operations once there is some revenue.

    I found the list of accountants suggested in this forum, but all of them seem to require the monthly fees.

    Do you have any advice on how to approach this problem?

    Thanks.

    Matt
    Sign up for a business account with Natwest/RBS and you will get FreeAgent for free
    Register with HMRC and input all the details to FreeAgent
    Sign up to a virtual office who will give you a an address that is not your home (this will cost you but will be less than £100 a month)
    “Live a good life. If there are gods and they are just, then they will not care how devout you have been, but will welcome you based on the virtues you have lived by. If there are gods, but unjust, then you should not want to worship them. If there are no gods, then you will be gone, but will have lived a noble life that will live on in the memories of your loved ones.”

    ― Marcus Aurelius

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