Limited Companies Hayle Based in Hayle in Cornwall, Peter Sanders Chartered Accountants specialises in helping customers set up limited companies. As a member of the Institute of Chartered Accountants in England and Wales , our team of professionals aim to be of service to the local community.
We are confident that our professionalism gives you the confidence you need with our accountants.
For more information about the accountancy advice we provide for limited companies in Hayle and Cornwall, call Peter Sanders Chartered Accountants on 01736 755 755 .
What is a Limited Company? A limited company means that you are not wholly responsible for your business and its finances will be separate to your personal finances. Any profit made is owned by the company after Corporation Tax and the profit can be shared amongst its members. At Peter Sanders Chartered Accountants, we can provide you with the appropriate advice and guidance about limited companies in order to help set yours up.
Compared to a sole trader, your limited company is a separate legal body to you and it has its own money. If you own the company, you indirectly own its money and are in control of what to do with it. It can also borrow money in its own name. You must be careful when you withdraw funds as it must either be a salary payment, dividends, or a loan. We will help you to ensure that you stay on top of all financial processes.
Become A Limited Company Limited companies are becoming increasingly popular for businesses of all sizes and there are many benefits to becoming one. Your personal assets are protected should your business ever fail and you have limited liability for your company s debts. Limited liability often works out as the amount you paid for shares coupled with any unsecured loans made to the company.
If anything does go wrong, you won t be personally responsible for any financial losses. However, if the company loses money through fraud, you ll gain unlimited personal liability.
Whatever the size of your business, having confidence is essential. Limited companies appear more professional which gains the confidence of future clients. Some companies prefer to exclusively work with a limited company, so you may be presented with new business opportunities that may not have been possible if you were a sole trader.
Our Accountancy Services We provide a wide range of accountancy services in order to assist customers who are interested in setting up a limited company in Hayle and the surrounding areas across Cornwall, including:
Our team of experts at Peter Sanders Chartered Accountants are here to help you make the right choice when it comes to your business.
With our expertise and knowledge, we can put you on the path to making the right decision for you and your business. For more information about whether becoming a limited company is right for you, get in touch with Peter Sanders Chartered Accountants.
Contact Us If you are interested in setting up a limited company but not sure where to start, get in touch with Peter Sanders Chartered Accountants today. Our team of professionals are always at hand to provide you with the best advice when it comes to limited companies. Call us on 01736 755 755
Alternatively, you can fill out our online contact form and we will respond promptly.
