wedo accounting

wedo accounting: accountancy and advisory for SMEs and directors in London

wedo accounting is an accountancy and advisory firm based in Pinner, in north-west London. Its work is aimed at small and medium-sized businesses, sole traders, charities and individuals who need professional accountancy, bookkeeping and business consultancy services. The firm presents itself as a partner that supports clients both during growth phases and in difficult financial situations.

Accounting and tax services

The firm's service catalogue covers the usual obligations of a UK limited company and of individual taxpayers:

• Preparation and filing of annual accounts for limited companies with Companies House.
• Bookkeeping and recording of financial transactions integrated into well-organised accounts.
• Self-assessment tax returns for sole traders, directors and individual taxpayers.
• Preparation and quarterly filing of VAT returns using software tools.
• Management accounts and performance reports aimed at strategic decision-making.
• Accounting support services and practical advice to deal with business difficulties.

Support with HMRC

The firm offers assistance to businesses with problems with HMRC (the UK tax authority) regarding VAT, CIS, Corporation Tax and PAYE. It presents itself as support to regain control when there are issues or requirements from the tax authority.

Restructuring, business closure and insolvency

wedo accounting specifically targets business owners in difficulty, including those considering closing their business. The firm states that it has teams in accountancy, law, finance, creditor negotiation, debt collection and sales and marketing to address these situations. Its approaches include seeking turnaround solutions or, where appropriate, a structured plan for closure and restarting activity.

In the area of insolvency, the firm describes a four-phase procedure for dealing with director's loan claims:

• Forensic accounting analysis to identify legitimate expenses, repayments and misclassified transactions that offset the loan balance.
• Business review and building the case from the company's trading history.
• Legal review of contracts, communications and insolvency documentation to detect overlooked payment rights or inconsistencies favourable to the client.
• Strategic negotiation with the parties involved, supported by the accounting, analytical and legal findings.

The firm states that it has helped clients reduce and even eliminate claims of this type. It also warns of the risks of a poorly managed closure: personal claims for the director's loan balance, HMRC investigations into phoenixing practices and possible penalties, legal action or personal liability for outstanding obligations.

Business growth

At the other end of the spectrum, wedo accounting offers financial advice for expanding businesses. Its proposal includes benchmarking against competitors, drawing up an action plan based on strengths and weaknesses compared with the sector, and a full review of the accounts to identify possible efficiencies.

Client profile and presence

The firm serves SMEs, sole traders, charities and individuals, and reports a track record of working with clients in the UK. Its office is at The Gable, Pinner Hill Road, Pinner (HA5 3YQ), in London. The website includes a testimonial from a client named Sayeed, a business owner, who speaks positively about the service received.

Location and contact

The Gable, Pinner Hill Road, Pinner, HA5 3YQ · Phone: 0208 936 7605 · Email: info@wedoaccounting.co.uk