It was estimated in 2021 that 99.9% of the 5.6 million private sector businesses in the UK represented Small, Medium Enterprises ('SMEs').

For over 100 years, Arnold Hill & Co have specialised in working with SMEs. Whether you're a new start-up company hiring your first accountant or a more established business looking to change accountants, our team can support both your compliance and advisory needs.

Our team of accountants understand the different challenges faced by SMEs, especially during difficult economic climates. We understand that firms are constantly reassessing their business models to keep up to date with evolving technology and automation. Our team are specialised in using cloud based solutions, including Xero, Sage and QuickBooks. Whilst compliance is core for all businesses to ensure they are meeting deadlines and avoiding late filing penalties, our advisory team can also help your business to grow. 

  SMALL ENTITY MEDIUM ENTITY
  Gross Net Gross Net
Turnover not more than £12.2 million £10.2 million £43.2 million £36.0 million
Balance Sheet total not more than £6.1 million £5.1 million £21.6 million £18.0 million
Monthly average of employees not more than  50 50 250 250

Any combination of gross and net figures may be met.

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Our Services Include:

• Accounts preparation, bookkeeping and payroll
• Management accounts
• VAT compliance and advisory services
• Audit (statutory requirement or voluntary)
• Forecasts and projections
• Company secretarial, including new company incorporations
• Corporation tax

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Find Out More

To find out more about our professional SME services, or to discuss your requirements with a member of our team, please call 020 7306 9100 today, or click here to send us a message.

Do you need a team of specialists to focus on your accounting and tax needs? Arnold Hill & Co are a team dedicated to getting things right.

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Every incorporated company in the UK (and certain UK charities) must have their financial statements audited annually. That’s unless the business or charity in question falls within several exemptions which can remove that requirement.