Owner-managed businesses face a raft of challenges, many of which have a financial impact. Our team work closely with clients to understand their priorities, tailoring financial reporting and supporting outsourcing needs. Our proactive approach provides peace of mind to all things financial, meaning that management can focus on the growth, development and future of the business.

Statutory Accounts

We can assist you in preparing limited company, limited liability partnership and unincorporated accounts; ensuring all filing obligations are met, as well as advising you on technical matters to help you understand the figures so you can make informed business decisions.

Management Accounts

Access to regular financial performance information is critical for effective business management and future planning.

We provide businesses with tailored management information, ensuring accurate and timely figures alongside key performance indicators, assisting operational insight and future decision making.


Our Business Services team offer a friendly, supportive and timely service tailored to your business to assist in any part of your bookkeeping processes. We offer a full bookkeeping service either from our office by utilising cloud-based software or onsite to fit with your requirements, leaving you free to concentrate on running your business.

We have a team who are highly experienced in bookkeeping for a wide range of clients in a variety of industries. We work side-by-side with you to ensure that your records are kept up to date to meet the necessary VAT obligations, but to also provide you with the necessary insights to make key decisions about the future of your business.

If you have someone in house who is willing to learn about the bookkeeping process then we can provide support, guidance and training on software, systems, data entry and bank reconciliations so that you can bring these in house.

VAT Returns

We offer clients a VAT compliance service; ensuring that VAT Returns are completed correctly, the appropriate VAT is collected and paid, any technical matters are covered and any HMRC investigations are dealt with.

VAT can be a difficult area to navigate, and as such we provide advice to ensure that any questions that you have are answered and that you are compliant with the relevant VAT rules affecting your business.

Company Secreterial

Our Business Services team offer a complete company secretarial service to businesses; we are proactive in advising you of when returns are due and will ensure all necessary Companies House filings are fully up to date and compliant with company law.

We can complete and submit any ad-hoc paperwork on request and ensure it is dealt with accordingly, for example appointment of directors, company searches, issue of additional shares, etc.

Systems Reviews and Training

We work with clients to review and, if necessary, implement appropriate systems for their business and provide support and training to maximise their use and benefits.

Increasingly we are seeing a shift to cloud-based accounting packages and have supported many of our clients with the transition to a more efficient way of working. Our Business Services team are on hand to help you get your new system set up correctly from day one, give you training at your own pace and show you how to utilise the system to its full potential.


“The quality of the people dealing with our affairs, even the juniors, has been excellent - professional, knowledgeable and articulate.”
Finance Director
“The accounts and tax compliance went well this year.  Magma worked well with our internal finance team to help improve our understanding and processes, whilst remaining commercial throughout.  Thank you.”
Training Business
Managing Director