Accountants for
Professional services

Whether you are an architect, lawyer, or musician, charging hourly, fixed fee, project wise, or use a combination of pricing models, having reliable financial intelligence is essential. But being a solopreneur or a small business owner, managing the nitty-gritty of accounting, such as cash flow management, tax, and planning, can be overwhelming.

Our professional services accountants can replace your worries with correct, reliable, and proactive accounting solutions.

123 Financials - Professional Accounting Firm

We are a comprehensive accountancy firm delivering accounting and tax solutions for professional service providers. We work with hundreds of professional service providers and know the different accounting challenges each profession can face.

From daily financials to expense management to job costing and tracking KPIs, our clients can benefit from a wide range of services.

We work with

Consultants

Advisory businesses

Professional services firms

Civil engineers

Startup businesses

IT contractors

Contractors

Consultants

Our Accounting Services

Accounting Software Set-up
Bookkeeping
Accounts Receivable
Payroll Processing
Budgets and Financial Projections
Financial Statement Preparation
Tax Preparation Services

Setting up the Chart of Accounts
Accounts Payable
Bank and Credit Card Reconciliation
Cash Flow Monitoring
Compilations and Reviews
Personal Financial Statements
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

More Testimonials

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.

Get In Touch Switching Today

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

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Learn how to build a dynamic financial system for your company.

Professional services

Accountants and advisers for professional services businesses. Our team works with businesses to address both the challenges and opportunities presented by digital transformation.

Who we serve?

Consultants
Advisory businesses
Professional services firms
Civil engineers
Startup businesses
IT contractors
Contractors

Our services

Accounts

Typically, 123 Financials can assist professional services business as follows:

Choosing the right legal structure for your business
Initial legal agreements, e.g. shareholder agreements
Accounting and financial reporting- A full finance department service is available meaning our clients can focus on commercial matters and growth. These services include:
- Preparation of annual accounts
- Preparation of personal and corporate tax returns
- Tax planning and advisory services
- Bookkeeping
- Cash flow management with customised dashboards
- Monthly management accounts
- Employee services including payroll and pension services
Commercial and financial advice when you need it
Secretarial services
- Setting up and establishing a business in the UK
- Share issues, shareholding agreements and employee share schemes
Strategic advice, including providing a sounding board when you need to talk through an important decision.