HomeWho we helpUK SMEs & Service Businesses

UK SMES & SERVICE BUSINESSES · LANCASTER · UK-WIDE

Finance and tax support built for growing UK service businesses

You've built something real. But as the business grows, the financial complexity grows with it - and a basic accountant who files your returns isn't enough anymore. You need proactive financial thinking, clean numbers and someone who understands what it takes to run and scale a service business.

Consultancies

& professional services

Agencies

& creative businesses

Contractors

& sole traders

5–50+ staff

Typical client size

WHO THIS IS FOR

Built for service businesses at every stage

Whether you're a solo contractor or a growing consultancy with a team - the financial challenges are real and the advice needs to match.

CONSULTANCIES

Professional services & consultancies

Management consultants, HR advisors, IT consultancies, legal and financial services businesses that need clean numbers, proactive tax planning and CFO-level thinking as they grow.

AGENCIES

Creative & digital agencies

Marketing agencies, design studios, PR firms and digital businesses navigating project-based revenue, team costs and profit extraction as the headcount grows.

CONTRACTORS

Contractors & sole traders

Independent contractors, freelancers and sole traders who need accurate self-assessment, IR35 guidance, VAT and the most tax-efficient structure for their situation.

THE PROBLEM

Most growing businesses outgrow their accountant before they realise it

A basic accountant files your returns. But as the business grows - more staff, more complexity, more decisions - you need someone who can help you understand the numbers, not just report them.

The businesses that scale well aren't necessarily the ones with the highest revenue. They're the ones who make better financial decisions - on hiring, pricing, investment and structure - with the right support behind them.

Sound familiar?

?

I don't really know if the business is as profitable as it should be

?

Cash always feels tighter than the revenue suggests it should be

?

I'm not sure if my salary and dividend split is tax-efficient

?

I want to hire but I'm not confident the numbers support it

?

My accountant just files - they don't help me think ahead

?

I don't know what the business is actually worth or how to exit

WHAT WE DO

Everything a growing service business needs

From basic compliance to board-level financial thinking - all under one engagement, with one point of contact.

FRACTIONAL CFO

Board-level financial leadership

· Monthly management accounts & KPI reporting
· Cashflow forecasting & scenario planning
· Budget & financial controls
· Hiring, investment & growth decisions
· Exit strategy & investor-ready reporting

Learn more about Fractional CFO →
VIRTUAL FINANCE OFFICE

Your complete finance function

· Bookkeeping & bank reconciliation
· Payroll & CIS
· VAT returns & compliance
· Management accounts & cashflow
· Finance team oversight

Learn more about VFO →
TAX ADVICE & STRATEGY

Proactive tax planning year-round

· Corporation tax planning & timing
· Director salary & dividend strategy
· Business structure review
· R&D tax credits where applicable
· IR35 & contractor status advice

Learn more about Tax advice →
COMPLIANCE

Clean, accurate, on time

· Annual accounts & CT600
· Self-assessment tax returns
· Companies House filing
· HMRC correspondence
· VAT registration & returns

See all services →

WHERE YOU ARE

Support at every stage of growth

The right level of support changes as the business grows. We scale with you.

STARTING OUT

Sole trader or new Ltd

Self-assessment, the right structure from day one, VAT registration, salary vs dividend basics and IR35 awareness.

GROWING

£500k–£2m revenue

Management accounts, cashflow visibility, hiring decisions, profit extraction strategy and corporation tax planning.

SCALING

£2m+ revenue

Fractional CFO oversight, KPI dashboards, board reporting, investment decisions and building a finance function.

EXITING

Sale or succession

Exit strategy, investor-ready reporting, BADR planning, business valuation support and succession planning.

COMMON QUESTIONS

SME finance - your questions answered

Everything you need to know before booking a call.

What size business do you typically work with?

Typically service businesses with 1–50 staff and revenue from start-up stage up to £5m+. The common thread is that they've outgrown basic compliance and need proactive financial thinking - whether that's a sole trader wanting cleaner tax planning or a £3m agency needing CFO-level support.

Do I need a Fractional CFO or a Virtual Finance Office?

A VFO covers the day-to-day finance function - bookkeeping, payroll, management accounts and compliance. A Fractional CFO goes further - strategy, forecasting, board-level thinking and growth planning. Many clients have both under one engagement. On the discovery call we'll recommend what fits your stage.

Can you help with IR35 and contractor status?

Yes - IR35 advice is part of our tax planning service. Whether you're an individual contractor assessing your own status or a business engaging contractors, we can review the position and give you a clear, practical recommendation on how to structure the engagement correctly from the start.

How is the fee structured?

All fees are fixed and agreed on the free discovery call - based on your exact situation and the level of support you need. No surprises, no hourly billing. The fee is fully tax deductible, reducing the net cost depending on your tax position.

Can you help me plan an exit or business sale?

Yes - exit planning is part of our Fractional CFO Growth level. We help with investor-ready reporting, business valuation preparation, Business Asset Disposal Relief planning and structuring the sale in the most tax-efficient way. The earlier we're involved, the more options are available.

Do you work with businesses outside Lancashire?

Yes - while we're based at Halton Mill in Lancaster, we work with service businesses across the UK. Everything is handled remotely and efficiently, with no need for regular face-to-face meetings unless you prefer them.

Have a question not covered here? Book a free 20-minute call - or email us directly and we'll get back to you within 1–2 working days.

GET STARTED

Ready to get finance support that grows with you?

Pay less tax. Make more money. Free up more time.

Book a free 20-minute call with Björgvin. We'll understand your business, identify the biggest opportunities and recommend the right level of support - with a fixed fee agreed on the call.

✓ Free 20-minute call ✓ Fee agreed on the call ✓ No minimum contract ✓ CIMA & AAT qualified
Book your free call →

Free · No obligation · Cancel any time

CLARITY · CONFIDENCE · CONTROL

Heights Accountancy

Chartered accountants, tax advisors and strategists for UK SMEs and property investors. Based at Halton Mill, Lancaster.

CIMA Qualified AAT Qualified Halton Mill - Lancaster

© 2025 Heights Accountancy Ltd · Halton Mill, Mill Lane, Halton, Lancaster, LA2 6ND · Registered in England & Wales