sibbalds accountants

Accounts

Every business needs to produce accounts. Whilst many business owners see them as a necessary evil, there are many benefits that can be derived from producing this information.

We offer accounts preparation services to all types of business, including the following:

  • Sole Traders
  • Partnerships
  • Limited Companies
  • Charities
  • Friendly Societies
  • Groups

We have clients in almost every sector, so whether you are a manufacturer, retailer, dentist, doctor or veterinary surgeon, we can help.

Annual accounts only show the traditional figures for turnover, overheads and profit. We can expand on this by performing benchmarking comparisons, which provide an analysis of the key areas of the business and a detailed comparison of your business to others in the sector. This enables you to see if you are doing better than your competitors. If you aren’t, we will help you improve on this.

Whilst annual accounts are a useful tool, they only reflect historic data which can often be up to 12 months old – not much use in today’s rapidly changing environment. That is why we offer a full management accounts service to all of our clients so that they can see upto date financial information upon which they can base their business decisions. If you can’t measure it, you can’t manage it.