Fred Michael & Co Ltd

Fred Michael & Co Ltd is a firm of accountants located at Ground Floor 12 Town Quay Wharf, Abbey Road, Barking IG11 7BZ, providing professional bookkeeping and accounting services to startups, sole traders, contractors, landlords, and established organisations. They combine experienced accountants with modern cloud technology to help businesses maintain accurate records, meet HMRC compliance, and make informed financial decisions. The firm aims to free up business owners' time by taking over financial management tasks like payroll, tax, and VAT services while offering proactive financial advice.

The firm offers three main packages starting from £150 per month plus VAT for the 'Time' package, £250 per month plus VAT for the 'Control' package, and £500 per month plus VAT for the 'Freedom' package. Additional services include payroll with a standing charge of £25 plus £4 per additional employee, self-employment registration for £150 plus VAT, and self-assessment for properties from £150 per property. These packages are designed to give businesses time, control, and freedom based on their specific needs.

Clients can book a meeting or get in touch via the phone numbers +44 (0)208 590 5055 or +44 (0)207 993 5239, or by emailing info@fredmichael.co.uk. The office is open from 9am to 5pm Monday through Friday. The contact form on their website allows users to select interests such as Bookkeeping, Tax Returns, Payroll, Tax Advice, VFD/PFD, or Credit Control to streamline the initial inquiry process.

The firm serves clients in Barking and surrounding areas including Romford, Ilford, Brentwood, and Chelmsford. They work with a wide range of businesses including small to medium-sized enterprises, sole traders, partnerships, training and recruitment firms, consultancy businesses, and medical professionals like pharmacies, veterinarians, and GPs. Their location at Town Quay Wharf in Barking places them centrally within this local network.

Fred Michael & Co Ltd differentiates itself by acting as a business partner rather than just a financial advisor, ensuring all clients receive equal treatment and a personal touch. They emphasize regular and simple communication, aiming to align their incentives with the client's objectives to help them understand their finances and gain control. The firm was born from a need to provide high-quality, outsourced accounting services that deliver on time with guaranteed quality and value for money.

The firm uses trusted cloud software such as Xero, Dext, Sage, and QuickBooks to help reduce paperwork and organise expenses. They assist with reconciling bank transactions and keeping businesses ready for VAT, tax, and Making Tax Digital requirements. This technology integration allows them to provide clear financial information whenever needed while maintaining full HMRC compliance.

The 'Time' package includes Xero and Dext subscription, 4 hours of training split between Xero/Hubdoc and Dext, year-end accounts, Companies House registration, use of the office as a registered office, and personal tax returns for two individuals. The 'Control' package adds VAT returns, quarterly management accounts, tax planning, and payroll for up to five directors. The 'Freedom' package includes management reports and responses to information requests without additional charge.

The firm provides credit control services as part of their comprehensive financial management offerings. They also offer virtual finance director (VFD) services to help business owners build a business that gives them more time and freedom. These services are tailored to help clients maximise profits, save on tax, and manage cash flow effectively.

The firm's history is rooted in addressing low-quality service issues where clients felt like a priority and faced penalties for late work. They now have decades of experience giving business owners high-quality, personalised service that includes proactive financial advisors who think and act like business partners. Their goal is to help clients build a lifestyle by freeing their time and taking control of their business.

The firm offers self-assessment services specifically for properties starting from £150 per property. They also provide onboarding, VAT registration, and PAYE services for a fee of £300 plus VAT. Payroll bureau services are based on industry and the number of employees, reflecting their flexible approach to different business structures.

The firm's opening hours are from 9am to 5pm Monday through Friday. They operate from Ground Floor 12 Town Quay Wharf, Abbey Road, Barking IG11 7BZ. The contact form allows users to specify their interest in services like Bookkeeping, Tax Returns, Payroll, Tax Advice, VFD/PFD, or Credit Control to ensure efficient communication.

The firm's website states they provide bookkeeping services in London for startups, sole traders, and established businesses. They ensure records are accurate, organised, and HMRC compliant. Their experienced team helps with management accounts, payroll, VAT, annual accounts, cloud accounting, and business support, combining personal service with modern cloud-based solutions.

The firm's website mentions they are one of the established bookkeeping firms in London, providing flexible services for retailers, consultants, contractors, charities, and growing businesses. They use cloud software like Xero, Dext, Sage, and QuickBooks to help reduce paperwork and organise expenses. This ensures accounts are always accurate and up to date for VAT, tax, and Making Tax Digital requirements.

The firm's website highlights their commitment to value for money, ensuring hardworking business owners get value from their money. They strive to do the right thing for clients, people, and communities. Their goal is to help clients meet statutory obligations while providing additional services to gain a holistic view of their business for better decision-making.

You can reach Fred Michael & Co Ltd by phone at +44 (0)208 590 5055 or by e-mail at info@fredmichael.co.uk.