Accountants for
Healthcare Industry
We provide a wide range of fixed cost accounting solutions to dental practitioners, NHS consultants, primary care units, care homes, locums, and GP partners.
After working for over a decade now, our medical accountants understand the demands and regulations.
Accountants for
Healthcare Industry
We provide a wide range of fixed cost accounting solutions to dental practitioners, NHS consultants, primary care units, care homes, locums, and GP partners.
After working for over a decade now, our medical accountants understand the demands and regulations.
123 Financials - Healthcare Accounting Firm
We are an Accountancy firm providing tailored solutions and financial solutions for NHS and the private healthcare sector. We assign a special team to handle healthcare requirements, led by an experienced accountant, work with you to identify problems within your system, and deliver proactive, tax-efficient solutions.
Whether your goal is optimising profitability or restructuring your practice, we have expertise in various areas of accountancy, enabling us to form a good plan that adds value to your practice.
123Financials’ experts also offer tax compliance, financial advice, budgeting, and financial forecasting using state-of-the-art software.
We work with
Doctors
Hospitals
Healthcare
Private Clinics
Our Accounting Services
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Accounting Software Set-up
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Bookkeeping
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Accounts Receivable
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Payroll Processing
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Budgets and Financial Projections
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Financial Statement Preparation
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Tax Preparation Services
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Setting up the Chart of Accounts
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Accounts Payable
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Bank and Credit Card Reconciliation
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Cash Flow Monitoring
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Compilations and Reviews
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Personal Financial Statements
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Tax Preparation Services
Why Hire Our Medical Accountants?
Quick Turnaround
We are flexible with your requirements and assure to fulfil them before deadlines without any errors. Rest assured, we will submit your accounts in time, every time.
Round-the-Clock Availability
You will get access to time-tested solutions 365 days. No matter how urgent or complex the need is, our five decades of collective experience can solve any issue.
Fixed and Affordable Fee
You only pay for what you need and not a dime extra. Fixed fee, No surprises. We provide custom solutions or an all-in-one package that works best for your business in your budget.
Cream of Accounting Experts
We are a team of Tier 1 bankers, fund experts, CFOs, business finance specialists, and EX Big 4 Accountants that ensure result-oriented, regulatory compliant solutions.
Transparency Promise
We know how valuable your data are. Therefore, we promise to protect your assets as we would ours. That’s why we take all measures to secure them using the latest security solutions.
Technology Automation
We are associated with the world’s top accountancy automation partners, including Sage, QuickBooks, Asana, Zoho Projects, Jira, A2X, Hubdoc, FreeAgent, Dext, and many more.
Client Testimonials
123Financials team are top-notch. I’ve been very happy with their work and consistently impressed by their high level of service. They are professional, respond quickly, and provide solid advice with their client’s best interests in mind. Highly recommend.
Sophia
123 Financials take the time to understand your needs as a client and not only support you from a transactional perspective but also provide advisory services. It's the first relationship I've had with an accountant in the UK that feels like a true partnership.
Paul
Niine16
I couldn't recommend these guys highly enough. They have been brilliant from day one. We had a previous accountant who just messed us around and 123 came in and managed to transition everything over and we are now in a much better place. You are able to have lots of contact with them and they are always there to help improve your company. Very hands-on and I feel they do so much more than what is required. If you are looking for accountants, these are your guys!
Harry Thomas
No1 Fitness
Worried About Switching Accountants?
We manage all the nitty-gritties of onboarding and help you discover how dedicated cloud-driven accounting solutions can transform your financial management.
Our switching process is simple and cost-effective. We shall contact your current accountant to get your financial information and transfer it into 123Financial’s dynamic infrastructure in your budget.
Rest assured, our industry-specific experts and newer technology can seamlessly propel growth and bring new revenue avenues.
Download Accounting e-book for free
Our eBook contains the intricacies of business accounting, bookkeeping, financial management, taxes, and everything that will make you complacent
Learn how to build a dynamic financial system for your company.
Healthcare and Dentists
Good financial planning and management are essential to running a successful practice. In addition to accountancy and taxation services, a range of specialist services will help you manage your practice more effectively.
We are experienced in working with healthcare and dental businesses. We realise that the right support can make a crucial difference when you are making key business decisions- like acquisitions, disposals, incorporation, specialisation or diversification within your practice, or moving from NHS to private.
Our services
Accounts
- In addition to accounts preparation which are fully compliant with the statutory requirements, we will explain numbers in plain English to you and what it means for your business.
- Business’s financial health is linked to the owner's financial health. Hence, we take time in understanding your long and short-term goals. We can then advise you on how to improve your practice’s financial health and identify any potential hazards before any decay sets in.
- Bookkeeping
- Management accounts
- Tax planning and advisory services
- Cash flow management with customised dashboards
- Employee services including payroll and pension services
Tax compliance and planning
- When we complete your accounts, we will ensure you are fully compliant with the latest legislation and make the most of all the available allowances and reliefs to minimise your statutory liabilities.
- Advise on how to mitigate or defer any liabilities. We ensure that the advice we provide matches your own objectives.
- Advise on the tax implications of the incorporation process.
Business advice
- We can provide you with regular management information to make decisions about business strategy, finance and other growth issues.
- Our solutions will help your practice to be as successful and profitable as possible, generating the level of income you require to fund your retirement. We can also advise on succession planning.
Acquisitions/ disposals
- Our experts can arrange and support the acquisition or disposal of a dental or healthcare practice.
- Our service offerings include financial due diligence, valuations and advice on an appropriate deal structure, factoring any legal, financial and tax matters.
Get In Touch
30 Minute Free Consultation With Industry Specific Expert
Focus on running your business while we deliver its fuel.
Schedule a call
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