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Scorpio James Case Study

Helping set up a new limited company to get a business up and running smoothly.

Kat came to us following a career change, having just set up her own project management business. She was looking for a reliable partner to take care of her accounting needs.

We set her up on Xero and Receipt Bank, making sure she understood how the systems worked and how the PennyBooks bookkeeping team would work with her.

We then spent a lot of time upfront with Kat so she understood estimates on what tax she would be paying, and when she would be paying it.

Kat is a great example of our typical single director client. Like many others, she wants her accounting compliance needs taken care of so she can focus her time and energy on her business. We keep Kat happy because we understand exactly what she needs.

How we helped

  • Xero Accounting software Yes
  • Receipt Bank software Yes
  • Bookkeeping in Xero Quarterly
  • Payroll Monthly
  • VAT Quarterly
  • Annual Financial Statements Yes
  • Annual Corporation Tax Yes
  • Dividend Administration Yes
  • Annual Confirmation Statement Yes
  • Tax Optimisation Review Yes
  • Director’s Self Assessment Yes

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Don't just take our word for it ..

Since we've been working with PennyBooks they have improved and automated our accounting resulting in significant time and cost savings. For an ecommerce business like OPUMO it's imperative that we remove manual processes and fully streamline and integrate our systems, our bank's systems and accounting and reporting software and this is something that the team at PennyBooks did quickly and efficiently. Deadlines are met on time and the team are great to deal with. We simply can't recommend them highly enough.
Harry Beattie- Director
To say that Pennybooks offer an invaluable service is an understatement. Their knowledge, professionalism and willingness to explain everything every step of the way gives me utter confidence that they’re the best at what they do.
Kat - Director
Scorpio James
A welcome change from my old accountants. Reliable and friendly, and always available when you need help. Using the last tech to keep costs down I feel the accounts side of things is now no longer a chore and can be done quickly and efficiently. Highly Recommend
George Chesterton - Director
Finn Studio
Pennybooks has given us the personalised financial support necessary to be able to grow our business with confidence
Rosanna Wollenberg – Director
Like many small businesses, myself and my business partner are spinning a lot of plates and so we needed some guidance on implementing new systems to help us with our cash flow. Brendan really helped us see the wood from the trees. He looked into the various accounting products on the market to suit our business, has set them up and is now very patiently training us on how to use them. We now feel so much more confident and comfortable with the financials of our company and get can on and grow the business knowing that Brendan has our back
Patti Patrick - Director