Running a limited company brings real advantages - limited liability, tax efficiency at the right income level, and the credibility of a registered company name - but it also brings genuine obligations. Statutory accounts, corporation tax, Companies House filings, PAYE for directors and shareholders, and decisions around how to extract profit all need handling properly. I Sumar & Co look after limited companies of every size, from single-director consultancies to established firms with teams. We take the entire compliance load off your plate and actively look for opportunities to reduce your tax.
Who We Help
We work with limited companies of every kind, including:
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single-director consultancies and contractors
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husband-and-wife and family companies
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growing small businesses with their first employees
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established companies with teams of 10–50
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founders preparing for, or managing, investment
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groups of related companies and holding structures
If you are running a limited company, whatever its stage, we can help.
What We Do for Limited Companies
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Statutory annual accounts prepared and filed with Companies House
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Corporation tax computation and CT600 filing with HMRC
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Bookkeeping in Xero, QuickBooks, FreeAgent or Sage
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VAT returns and MTD-compliant filing
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Payroll, PAYE and pension auto-enrolment
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Company secretarial - confirmation statements and Companies House filings
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Personal tax returns for directors and shareholders
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Tax-efficient profit extraction - salary, dividends and pension contributions
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Year-round corporation tax planning
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Advice on company changes - shareholdings, structure, restructuring
Limited Company Accounting
- Frequently Asked Questions
At minimum: statutory annual accounts to Companies House, a CT600 corporation tax return to HMRC, a confirmation statement to Companies House, and personal tax returns for directors and shareholders where required. Payroll filings under RTI also apply if you pay yourself or others. We handle every one of these for you.
For most director-shareholders, the most efficient approach combines a modest salary, dividends from post-tax profits, and pension contributions - though the exact mix depends on your circumstances. We model the realistic options and recommend the approach that suits you, within HMRC rules.
Yes. We handle the entire transition, including writing to your existing accountant to request your records and accounts. You do not have to manage anything.
Often, yes - once profits reach a level where the tax efficiency outweighs the added admin, or where limited liability matters for your specific work. Sometimes a sole trader structure remains the better choice. We will model both and tell you honestly which suits you.
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