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While not legally required, most limited companies find professional accounting services indispensable for ensuring compliance and optimising tax savings.

Accounting is the process of recording, analysing, and reporting financial transactions, which helps businesses make informed decisions, comply with regulations, and attract investors.

Sleek’s pricing starts at just £50/month for our all-inclusive ltd company accounting package.

Our accountants will advise you on the most tax-efficient remuneration strategy tailored to your company.

Bookkeeping involves recording daily transactions, while accounting uses this data to prepare financial statements, complete tax returns, and make strategic decisions.

As a Sleek client, you’ll have a real-time dashboard that gives you a clear, instant picture of your business finances. You can see exactly what tax you owe and access all your limited company’s records, from expenses and invoices to your previous tax filings—everything at your fingertips.

You must keep your records for six years from the end of the financial year they relate to. There are some cases where you may need to keep them longer, such as:

• If the records cover transactions over multiple accounting periods.
• If your company purchased something that’s expected to last more than six years, like machinery.
• If your Company Tax Return was submitted late.
• If HMRC has opened a compliance check into your Company Tax Return.

Bookkeeping involves recording daily transactions, while accounting uses this data to prepare financial statements, complete tax returns, and make strategic decisions.