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Chartered Accountants & Tax Consultants in Romford
Modernise your business operations with seamless cloud bookkeeping, automated payroll, and hands-on tax strategies crafted for ambitious enterprises. Serving dynamic firms across Romford, Havering, and East London, our specialists deliver prompt financial guidance and robust reporting to keep your cash flow strong and operations profitable.
Accounting Support in Romford Starts From Just £249 Per Month
Trusted Accounting & Tax Support for Romford Businesses
Somewhere between managing customers, staff, and suppliers, most Romford business owners find the finances quietly slipping down the priority list. But you shouldn’t have to choose between big-firm expertise and a partner who actually knows your business not when you need reliable bookkeeping, a small business accountant in Romford who’s genuinely accessible, or someone to take payroll off your plate for good.
That’s exactly the balance Fred Michael & Co offers. We combine the depth of a proper outsourced accounting team with the kind of plain-speaking, personal service you’d expect from someone local, the level of care you’d want from a chartered accountant in Romford who invests time in understanding how your business actually runs, not just what its numbers say. With Romford now firmly established as one of East London’s busiest commercial centres, we make sure your finances keep up with that growth instead of getting left behind.
Explore Our Services
Accounting & Bookkeeping
Every good business decision starts with knowing the figures behind it are accurate. That’s the thinking behind our business accounting services in Romford, covering bookkeeping, bank reconciliation, VAT records, year-end accounts and Companies House filings, so nothing slips through the cracks. Our bookkeeping services in Romford keep invoices, expenses and day-to-day records properly maintained throughout the year. For owners seeking dependable accounting services for small businesses, we work with Xero, Sage, QuickBooks and FreeAgent, too.
Financial Advice for Growing Businesses
Once the basics are in order, our management reporting gives you a real picture of how the business is performing cash flow forecasts, budgets, and reports that tell you far more than a bank balance alone. Supported by an experienced small business financial advisor in Romford, we help translate those figures into practical decisions, where to invest, when to expand your team, and how to safeguard your margins as you grow. Regular financial reviews can also help you spot potential challenges early and plan with greater confidence.
Payroll Services in Romford
Payday shouldn’t be a source of stress. Our Payroll Services in Romford cover every stage PAYE registration, new starter setup, monthly RTI submissions filed on time, workplace pension auto-enrolment, and year-end P60 distribution. Whether you employ one person or a team of twenty, the process stays accurate, cost-effective, and fully compliant. For businesses that want the admin handled entirely, our outsourced payroll services for small business give you a specialist team without the cost of hiring in-house.
Credit Control Services in Romford
Winning the work only matters if you get paid for it. Our credit control services in Romford help recover outstanding invoices, tighten payment terms, and protect the cash flow your business relies on. We act firmly but professionally, keeping collections consistent while preserving the relationships you’ve built with customers. For businesses that would rather step back from chasing payments altogether, our outsourced credit control services put a dedicated team on the case, so you stay in control of your revenue with confidence.
Tax Planning Services
Nobody wants to hand over more tax than necessary. Our approach is built around proactive, year-round planning designed to legally reduce liabilities, rather than a stressful scramble every January. Whether your operations are purely local or span several regions, our tax return services in Romford deliver the same thorough, attentive standard wherever your business is based, keeping you fully compliant while maximising savings.
Virtual Financial Director Services
As a business outgrows what day-to-day bookkeeping alone can support, our virtual financial director services step in providing senior-level financial strategy without the overhead of a full-time hire, covering funding readiness, board reporting, and investment decisions. It’s a natural fit whether you’re a Romford business expanding into London, or a London firm opening a second base further out.
Who We Work With in Romford
Romford’s business community is genuinely diverse, and so is our client base. We support retail and hospitality businesses, construction and trades firms, growing tech and professional services companies, logistics operators, and owner-managed limited companies across Romford and the surrounding RM postcode area.
Free their time
By taking over their financial management and helping them maximise their profit.
✔️Bookkeeping
✔️ Financial Advice
✔️ Credit Control
✔️ Payroll
✔️ Tax and VAT Services
✔️ Virtual Finance Director
Take control of their business & lifestyle
By becoming their partner and providing consistent support and advice.
✔️ Business strategy & advice
✔️ Tax strategy & advice
✔️ Cash flow management & forecasting
✔️ Budgeting & managing costs
✔️ Raising finance & working capital
✔️ Succession planning & exit strategy
Why work with us?
Decades worth of experience
Maximise your profits & save on tax
Guaranteed quality, delivered on time
Regular advice & updates
High-quality, personalised service
Value for money
All our clients are equal
Build the lifestyle you want, now
Your Local Experts in Romford and the Surrounding Area
When it comes to paying your team, you need a highly dependable local partner who genuinely understands the day-to-day realities of running a business where you’re based.
Payroll in Romford
Romford has firmly established itself as one of East London’s most active commercial centres, with a business community spanning everything from independent traders to established employers. That kind of growth brings real opportunity, but it also brings sharper competition and finances that get noticeably more complicated the moment you take on your first employee, land a significant contract, or bring in outside investment.
Outsourced Support Across Essex
As your outsourced accounting partner, we take the time to properly understand Romford’s business landscape: the mix of retail, construction, hospitality and fast-growing SMEs that shape the local economy. You get one dedicated point of contact who knows your business, backed by a full team covering bookkeeping, payroll, tax, credit control,and financial advisory, all under one roof.
Fred Michael as Your Partner
Local Authority
Dedicated accountancy solutions tailored specifically for trades, retail, and professionals across Romford.
Tax Efficiency
Identify hidden savings and unlock vital statutory tax reliefs to boost profitability.
Strategic Insight
Accurate management accounts and actionable cash-flow models to guide confident commercial choices.
HMRC Peace of Mind
Flawless company filings, structured payroll operations, and complete deadline assurance year-round.
How We Support London & Romford Businesses
What services does Fred Michael & Co offer for Romford businesses?
From complete year-end statutory accounts and automated bookkeeping to CIS returns and strategic tax mitigation, Fred Michael & Co provides full-scale financial solutions tailored specifically to help Romford enterprises, contractors, and landlords remain profitable and compliant with HMRC.
Self-Assessment Tax Returns for Sole Traders & Contractors
Filing annual personal tax returns does not have to be stressful. Fred Michael & Co manages Self-Assessment submissions for Romford sole traders, freelancers, and CIS workers, tracking every allowable expense to reduce liabilities and eliminate expensive late-filing fines.
Construction Industry Scheme (CIS) Management
Navigating strict CIS regulations can complicate your building trade operations. Fred Michael & Co assists Romford contractors and subcontractors with deduction verifications, monthly CIS statements, and prompt HMRC submissions, safeguarding your cash flow while maintaining total compliance across every single project.
Property Tax Advice for Landlords & Real Estate Investors
Maximize your rental yields while avoiding punitive property tax changes. Fred Michael & Co helps Romford property owners structure portfolios efficiently, manage Section 24 mortgage restrictions, handle Capital Gains Tax, and establish tax-effective limited company buy-to-let SPV corporate vehicles.
Dedicated Virtual Financial Director Services
Avoid severe penalties and confusing HMRC regulations with our streamlined support. Fred Michael & Co manages standard, flat-rate, and complex VAT submissions for Romford businesses, implementing Making Tax Digital cloud workflows to keep quarterly reconciliations effortless, punctual, and fully auditable.
Ready to Get Your Finances Sorted?
Whether streamlining your day-to-day accounts, managing payroll, or seeking qualified financial planning in Romford, we deliver the dedicated support your business needs.
Our Partners
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To learn more about our payroll service, please fill in the inquiry form below with your full details and a convenient time to discuss your options without any obligations.