Our auto enrolment pension service includes initial setup and on-going payroll/auto enrolment support
Initial Setup
On-going AE support
We have a specialist payroll team who will deliver your payroll requirements accurately and on time.
Our payroll service includes:
Running a business is demanding enough without spending your evenings chasing receipts and wrestling with spreadsheets. Our professional bookkeeping services handle everything, from daily transaction recording to VAT returns and Making Tax Digital compliance, so your records are always accurate, your deadlines are always met, and your mind is free to focus on what you do best.
EFJ Consulting is a firm regulated by Chartered Certified Accountants and is based in London. We are not a software platform or a faceless online portal. We are a team of qualified professionals who know your business, understand your sector, and are on hand whenever you need us.
Book Your Free Bookkeeping Consultation | Call: 020 3007 2700
For most business owners, bookkeeping is the task that never quite gets done properly. Not because you are disorganised, but because you are busy. You are running the business, managing people, serving customers, and chasing payments. The books fall to the bottom of the list.
And so the receipts pile up. The bank reconciliation gets pushed back. The VAT deadline creeps closer than you would like. And at the back of your mind, there is that familiar, nagging worry: are the numbers actually right?
| Are my records up to date? | Am I claiming all my allowable expenses? |
| Will my VAT return be ready on time? | Am I prepared for a potential HMRC enquiry? |
| Is my bookkeeper using the right software? | Could I be paying less tax with better records? |
These are not small worries. Poor bookkeeping leads to missed deadlines, HMRC penalties, inaccurate tax returns, and decisions made on numbers you cannot fully trust. The cost of getting it wrong is almost always greater than the cost of getting it right.
The damage caused by disorganised or inaccurate books rarely announces itself dramatically. It builds gradually, and by the time it becomes obvious, the cost is already significant:
None of this is inevitable. With the right bookkeeping service in place, your records stay accurate, your deadlines are never missed, and you can run your business with genuine financial confidence.
VAT compliance is one of the most common sources of stress and financial risk for small businesses. The rules are complex, the deadlines are strict, and an error can trigger a costly HMRC enquiry. Our bookkeeping services include full VAT return management as standard.
Making Tax Digital (MTD) is HMRC’s programme to move the UK tax system to fully digital record-keeping and reporting. MTD for VAT is already mandatory for all VAT-registered businesses. MTD for Income Tax is being rolled out for the self-employed and landlords from April 2026, with further phases to follow.
What this means in practice is that your financial records must be kept digitally, and submissions must be made directly to HMRC through compatible software. Paper records and manual spreadsheets no longer meet the legal requirement.
| Without MTD-Ready Bookkeeping | With EFJ Consulting |
| Risk of penalties for non-compliant records | Fully MTD-compatible digital records |
| Manual data entry is prone to errors | Automated bank feeds reduce errors |
| Scrambling at deadline time | Submissions made on time, every time |
| Uncertainty about future requirements | We track changes and keep you ahead |
| No real-time visibility of your finances | Live financial data at your fingertips |
EFJ Consulting keeps you fully MTD-compliant today, and prepared for every phase of the programme as it rolls out. You do not need to worry about what is changing; we track it for you.
Chartered Certified Accountants with decades of combined experience
No long-term contracts, we earn your business every single month
Fast response times, we’re here when you need us, not just at year-end
Bundled with your existing accountancy, seamless, joined-up financial management for greater value
A team behind you, not a single individual, our experts collaborate on your account
Modern technology combined with traditional expertise and personal service
“We understand that your bookkeeping is not just an administrative task. It is the financial foundation on which everything else in your business is built. We treat it accordingly.”
— EFJ Consulting, London
Our bookkeeping team works with businesses across a broad range of industries.
Different sectors have different record-keeping requirements, different VAT obligations, and different compliance pressures. We understand the nuances of each.
| Construction and CIS contractors | Property investors and landlords |
| Care homes and nurseries | Dentists and healthcare providers |
| E-commerce and technology businesses | Restaurants, hospitality and retail |
| Professional services firms | Startups and sole traders |
| Cryptocurrency businesses | Charities and not-for-profit organisations |
Book Your Free Consultation Now | Call: 020 3007 2700
Professional bookkeeping services cover the recording of all financial transactions, bank reconciliation, sales and purchase ledger management, expense tracking, VAT return preparation and filing, and the production of financial reports. At EFJ Consulting, our bookkeeping services also include full MTD compliance, VAT scheme advice, and optional payroll support.
This depends on the volume of transactions in your business. Most small businesses benefit from monthly bookkeeping, whilst higher-volume businesses, such as retailers or hospitality operators, may require weekly updates. We will recommend the right frequency for you during your initial consultation.
No. We provide bookkeeping services to both VAT-registered and non-VAT-registered businesses. If you are approaching the VAT registration threshold (currently £90,000 turnover), we will advise you on your obligations and manage the registration process on your behalf.
Making Tax Digital (MTD) is HMRC’s requirement for businesses to keep digital financial records and submit returns using compatible software. MTD for VAT is already mandatory for all VAT-registered businesses. MTD for Income Tax will apply to self-employed individuals and landlords from April 2026. Our bookkeeping services are fully MTD-compatible and ensure your business meets these requirements.
We work with all major cloud-based bookkeeping platforms, including Xero, QuickBooks, Sage, and FreeAgent. If you are not yet using cloud-based software, we can advise on the best option for your business and manage the set-up and migration.
Yes, and it is simpler than most people expect. We manage the transition process, including obtaining your records from your previous bookkeeper, reviewing historical data, and picking up from where things stand. We aim to make the switch as smooth and disruption-free as possible.
Yes. We provide bookkeeping services for sole traders, partnerships, limited companies, LLPs, and charities. Our service is tailored to the structure and complexity of each client’s business.
Absolutely, and we recommend it. Many clients combine our bookkeeping services with VAT returns, payroll, management accounts, corporation tax, and annual accounts. Combining services within a single firm produces a more joined-up financial function and often delivers better overall value.
In most cases, we can begin within one to two weeks of your initial consultation, once we have the information we need and have agreed on the scope of the engagement.
Yes. We have extensive experience with construction businesses, including CIS contractors, subcontractors, and property developers. We handle CIS deductions, the domestic reverse charge for VAT, and the specific record-keeping requirements of the construction industry.
Whether your bookkeeping is months behind, you are facing a VAT deadline, or you simply want to hand it over to someone you can trust, EFJ Consulting is here to help. Our bookkeeping services give you accurate records, full compliance, and the peace of mind that comes from knowing your finances are in expert hands.
Book a free, no-obligation consultation with our team today. We will listen, review your situation, and give you a clear, honest picture of what we can do for you.
Book Your Free Consultation Now | Call: 020 3007 2700
At EFJ Consulting, we know how critical proper practices are to your business’s health and prosperity. From handling day-to-day accounts to being fully compliant with UK legislation. We make the process of maintaining your business’s financial health simple.
Based in London, United Kingdom, our professional management of all bookkeeping and VAT matters keeps your business compliant, in order, and poised for expansion. Our commitment is to deliver our services at a reasonable fee, making us the market leader in the financial industry.
Allow us to close the books correctly every time. Place your trust in our local experience to provide you with confidence, clarity, and complete control over your company’s finances.
Book Your Free Consultation Now | Call: 020 3007 2700
Corporation Tax ReturnsCorporation Tax is levied on both UK-resident companies as well as those operating branches or offices within UK territory. The calculation of tax is based on their taxable profits, which include income from trading activities, investments, and other revenue sources that must be reported each year to HMRC according to their financial year. At EFJ Consulting, we understand all processes, requirements, and practices as well as have extensive expertise in providing consultancy services in many fields, including corporation tax returns, construction industry scheme, and many more.
Processing with corporation tax laws and regulations involves several steps to ensure compliance with laws and regulations. The process is critical for businesses operating in the UK as it is a significant source of government revenue.
Starting the process involves gathering and organizing financial records such as profit and loss statements, balance sheets, cash flow statements, and any other accounting documents that accurately depict economic activities within that accounting period.
Before filing a corporation tax return, certain accounting adjustments must be made to comply with applicable tax laws and regulations, such as depreciation, provision for bad debts, accruals and payments received in advance, amortization, and many others. It is imperative to adjust annual financial accounts to prevent discrepancies later. At EFJ Consulting, we ensure that all your accounting statements are true and fair and all the necessary adjustments are made.
Once all financial records have been assembled in their proper order, calculating a company’s taxable profit involves adjusting accounting profits for tax purposes by permitting certain deductions, exemptions, and relief measures. Common deductions may include operating expenses, capital allowances, and expenditures both short-term and long-term in nature.
By using the financial information and calculating taxable profit, the tax return is filed, and the Corporation Tax Return form is completed. The form carries detailed information about the company, its financial positions, and activities by doing tax calculations. To avoid penalties and inquiries from HMRC, accuracy is essential in every step. EFJ Consulting helps you to achieve that accuracy by preventing any kind of discrepancies caused in calculating the financial statements of the company.
Filing corporation tax returns within HMRC deadlines is usually 12 months after the end of an accounting period. To avoid late fees and penalties in the future, file the return before. Failure to do so often incurs substantial financial penalties that must be met promptly, or late penalties will apply.
As part of filing your corporation tax returns, any outstanding tax liabilities must be settled promptly with HMRC, usually after nine months and one day post the end of the accounting period. Late settlement may incur huge amounts of penalties.
Tax planning and compliance are of utmost importance, from optimizing tax reliefs, allowances, and exemptions available to taking full advantage of them and complying with tax laws. Accountants in Bexleyheath offer professional guidance that assists in navigating complex regulations while legally mitigating liabilities.
Before submitting the corporation tax returns, it is advisable to thoroughly check the accuracy and completeness to avoid any kind of errors and potential issues with the HMRC. Documentation supporting the figures mentioned in the return should be retained for audit purposes to avoid any sort of discrepancies. EFJ Consulting ensures that all your returns are correct and submitted duly to HMRC by following the tax regulations.
HMRC may request additional information and conduct inquiries related to the corporation tax return. Prompt and transparent communication is essential during the interaction to address queries and concerns efficiently and effectively. We ensure proper compliance with HMRC by reducing the risk of penalties and investigations shortly, keeping in mind the peace of our customers.
Corporation tax returns require due diligence, precise calculations, and compliance with deadlines. Contact us now so we can give you professional advice so that your business can fulfill its tax obligations effectively while optimizing the tax positions within the bounds of the law. Compliance with tax regulations fosters trust and credibility, with HMRC contributing to the long-term success and sustainability of businesses.
Formation and Company SecretarialWhen launching and running a business in the UK, having a solid understanding of company formation and company secretarial duties is crucial. With an office in London, EFJ Consulting offers expert advice and comprehensive assistance in all aspects of company formation and secretarial obligations. Regardless of whether you are creating a new entity or ensuring that your current records are fully compliant with Companies House, our professional service is designed to keep your business legally compliant and operationally effective.
In the UK, limited companies are required to maintain comprehensive statutory records, inform Companies House of structural or officer changes, and meet deadlines for confirmation statements and annual accounts. Getting these facts wrong or failing to include them – may lead to financial penalties and de-registration of your entity, or unpleasant surprises from regulatory authorities.
EFJ Consulting recognises the intricacy of doing everything perfectly from day one. We offer tailor-made formation and company secretarial services to ensure your new business or established company is compliant with all legal requirements, allowing you to focus on growth and operations. From the formation of a company to the appointment of directors, share structuring, preparation, and filing of required documents, we handle the process with accuracy and confidentiality.
Our customised formation and company secretarial services are designed for both newly established companies and established companies throughout the UK. We oversee all legal, regulatory, and administrative requirements to ensure your business remains compliant.
Company Formation Support
Our company formation services cover:
Our formation and company secretarial services include:
Running a limited company in the UK entails a constant requirement to comply with the Companies Act 2006. Directors must ensure that statutory registers are up to date, shareholders receive suitable information, and Companies House returns are filed on time.
EFJ Consulting’s London-based specialists are well-equipped to deal with all aspects of formation and company secretarial compliance, including:
Companies that default on these requirements risk:
We guarantee that you will meet every deadline and requirement with accuracy if we are provided with the essential information.
Whether you’re starting a new company or reorganising an existing one, our formation and company secretarial services are essential in a number of situations:
As UK regulations continue to evolve, your business needs a trusted partner for all its formation and company secretarial responsibilities. Leave the filing, registers, and compliance tasks to EFJ Consulting so that you can focus on making your business grow.
Our London office is available to support you at each step, whether you’re creating a new entity or rationalizing your current structure. Talk to EFJ Consulting today about efficient formation and company secretarial services customized to suit your needs.
Management Accounting LondonMost business owners are running on instinct. They know sales are up or down, but beyond that, the numbers are a blur. At EFJ Consulting, our management accounting services in London change that. We turn your financial data into clear, actionable insight, so you can make confident decisions, protect your cash flow, and build a business with genuine momentum.
Book Your Free Management Accounts Consultation | Call: 020 3007 2700
You are working hard. The business is moving. But when someone asks you a straightforward financial question, what are your margins on that job? Can you afford to take on a new member of staff? What does next quarter look like for cash? The honest answer is: you are not entirely sure.
This is not unusual. The majority of SME owners in London are in exactly the same position. Your bookkeeper records the transactions. Your accountant files the year-end returns. But nobody is giving you a regular, clear view of how the business is actually performing and what the numbers are telling you to do next.
Without that visibility, you are essentially flying blind. And flying blind is fine, until it isn’t.
| What are my actual profit margins? | Why is cash always tight if we’re profitable? |
| Which jobs or products make the most money? | Are we on track against budget this month? |
| Can we afford to hire right now? | What does the next 90 days look like? |
These are not complicated questions. But without proper management accounts, they are almost impossible to answer with confidence.
The consequences of operating without regular, structured financial reporting are rarely dramatic at first. They creep in slowly:
The businesses that grow consistently and sustainably are not necessarily the ones working the hardest. They are the ones who understand their numbers and use them to make better decisions, faster.
EFJ Consulting’s management accounting services in London are designed for growing businesses that need more than just annual accounts. We give you the financial insights your business needs, delivered monthly or quarterly in a clear, relevant, and genuinely useful format.
We are not here to present you with a stack of spreadsheets and leave you to work it out. We sit alongside you, explain what the numbers mean, identify what needs attention, and give you the information you need to run your business with confidence.
Our management accounting services in London include:
Our management accounting consultants take time to learn about your current situation and long-term objectives. We help you oversee and improve your business activities cost-effectively by providing the best assistance to our customers.
Chartered Certified Accountants with decades of combined experience
No long-term contracts, our services are flexible and month-to-month, and we earn your trust every reporting period
Fast response times, we’re here when you need us, not just at year-end
Part of a full financial function, combining management accounts with bookkeeping, CFO services, or annual accounts for a fully joined-up service
A team behind you, not a single individual, our experts collaborate on your account
Modern technology combined with traditional expertise and personal service
Our mission is simple: to make your numbers work for you. Not once a year at filing time, every single month.”
— EFJ Consulting, London
This is one of the most common questions we hear, and it is an important one.
Bookkeeping is the accurate recording of your financial transactions. It answers the question: what has happened? Your bookkeeper ensures the numbers are captured correctly, and your records are up to date.
Management accounting goes a step further. It takes those numbers and transforms them into meaningful, forward-looking insight. It answers the questions that actually drive your business: how are we performing? Where are we losing margin? Can we afford to grow? What does next quarter look like?
Both are essential. But it is the management accounting layer that gives business owners the financial intelligence to make confident, well-informed decisions, not just compliant ones.
| Bookkeeping | Management Accounting |
| Records what has happened | Explains what it means |
| Backward-looking | Forward-looking |
| Ensures compliance | Drives decisions |
| Transactions & ledgers | KPIs, forecasts & trends |
| Annual or monthly | Monthly or quarterly |
| Required by law | Competitive advantage |
Book Your Free Management Accounts Consultation | Call: 020 3007 2700
Our management accounting team in London works with businesses across a wide range of industries. We understand that a construction company needs different financial reporting from a care home, and a property business needs different KPIs from an e-commerce retailer. We tailor everything accordingly.
| Construction & CIS contractors | E-commerce & technology |
| Property & real estate | Dentists & healthcare |
| Care homes & nurseries | Sole traders & partnerships |
| Professional services | Startups & scale-ups |
Management accounting is the process of producing timely, relevant financial information for use within a business to inform decisions, track performance, and plan for growth. Unlike statutory accounts (which are produced annually for HMRC and Companies House), management accounts are produced regularly (monthly or quarterly) and are designed to be genuinely useful to the people running the business.
For most growing businesses, monthly management accounts are ideal, as they provide a current picture of performance and allow you to react quickly to trends. Smaller businesses or those with more stable finances may find quarterly accounts sufficient. We will recommend the right frequency for your business during your initial consultation.
A typical management accounts pack from EFJ Consulting includes a profit and loss statement, balance sheet, cash flow statement, variance analysis against budget, KPI dashboard, and an executive summary in plain English. The exact contents are tailored to your business and what is most useful to you.
Annual accounts are produced annually for legal and tax compliance purposes. They look back at what happened over the previous 12 months. Management accounts are produced monthly or quarterly, are forward-looking, and are designed to help you run and grow your business — not just satisfy HMRC.
Yes, and they complement each other well. Your bookkeeper maintains accurate records of your transactions. Our management accounting service takes those records and transforms them into strategic insight: what the numbers mean, where performance is strong or weak, and which decisions you should consider. Many of our clients have a bookkeeper and use our management accounting service alongside it.
Absolutely. Many clients bundle our management accounting services with bookkeeping, VAT returns, annual accounts, payroll, or our CFO services. Combining services often delivers better value and creates a more joined-up view of your finances.
Our fees are based on the complexity of your business, the frequency of reporting, and the scope of what is included. We always agree on a fixed, transparent monthly fee upfront so there are no surprises. Contact us for a no-obligation quote tailored to your business.
In most cases, we can begin within one to two weeks of your initial consultation, once we have access to your financial records and have agreed on the scope of the engagement.
If you are tired of making decisions without the financial clarity you need, our management accounting services in London are the answer. Whether you are a startup trying to understand your numbers for the first time or an established business that has outgrown its current reporting, EFJ Consulting will give you the insight you need to move forward with confidence.
Book a free, no-obligation consultation with our team today. We will listen, assess your situation, and give you honest, practical guidance — with no commitment required.
Book Your Free Management Accounts Consultation | Call: 020 3007 2700
