Are your annual accounts a waste of time and money?
Like many accountants, we are more than capable of producing accurate and timely annual accounts and we’ll make a great job of them for you. Annual accounts simply have to be done to comply with the law but these accounts will only tell you where your company was historically.
The Profit Key know that it is far more important to identify and measure the crucial numbers that not only tell you where you were but also tell you where you want to be in the future.The Profit Key are different, we want to really get under the skin of your business and help you and your business achieve the goals you aspire to.
“If your impression of accountants is that you feel like you’re “on the clock” every time you call and they never come up with any suggestions until you ask them for help, then I would recommend The Profit Key”.
Paul Griffiths Director – Midland Carbides Ltd
Why have Annual Accounts got to be done? A company or partnership is legally obliged to complete and file annual accounts on time to Companies House.
How useful are Annual Accounts? In reality ‘not very’ would be our answer; simply because they tell you quite a lot about the past but very little about the future. Annual accounts generally only cover the information that is legally required rather than the information that is actually useful to you and your business. In short annual accounts only give you a history lesson not an insight into actions you can take that will deliver future growth.
What’s the alternative? For accounts information to have any real value you need to be able to identify the key numbers that drive your business growth. Once these key numbers are identified you can then put in place systems to measure these numbers which will really influence the success of your business. The Profit Key helps you identify these numbers, measure them and more importantly take action to drive positive change and grow your business. The Profit Key offers a real alternative to all those accountants who simply produce annual accounts and do very little to help your business achieve the success you want.
We take a different approach than just “doing the numbers”
We are passionate about helping businesses of all sizes grow and develop, and our core range of Accountancy Services has been developed to do just that. As well as annual accounts we can manage every aspect of your businesses Accountancy needs, and also advise and manage other financial services including Tax, Legacy Planning, Pensions & Investments.
We are based in the market town of Ashby-de-la-Zouch, Leicestershire, and work closely with businesses both in the local area and further afield, including Derby, Nottingham and Birmingham. Where you are based matters far less to us than how we can help you grow your business, so if you are interested in our Accountancy or wider range of Business Development Services please get in touch, no matter where you are in the UK!