Family businesses - Accountancy services for family businesses in Bishop’s Stortford

The team at Morris Wheeler & Co have been providing accountancy services for family businesses in Bishop’s Stortford, Harlow and throughout the Hertfordshire and Essex area for many years.

We understand the particular strengths of family businesses – and also the unique challenges they face. Our team of accountants has the experience and expertise to help family businesses continue from one generation to the next, dealing with the process of succession and ensuring there are procedures for managing any disagreements that may arise.

We also understand the areas where family businesses commonly need help such as good cash flow planning and budgeting so that growth doesn’t get you into cash difficulties; efficient extraction of profit from the business, and statutory matters such as company secretarial duties.

For the long-term, we work with the next generation, helping them to prepare for future responsibilities, so that your family business can continue successfully over the years.

We can help family businesses with:

  • Accounting, bookkeeping and annual returns
  • Statutory matters – we offer a full company secretarial service including a registered office service in Morris Wheeler & Co
  • Obtaining funding for expansion and investment
  • Managing cash flow and monitoring business performance
  • Tax planning to minimise your liability
  • Advice on company cars and the best approach to business motoring
  • Profit extraction
  • Pension planning and retirement strategies
  • Succession planning, wills and minimising Inheritance Tax
  • Company valuations and exit strategies, including management buy-outs and sale of the business

...and much more.

What our clients say

Not only have I been a client of Morris Wheeler for several years, I have recommended them to several friends and professional acquaintances and have yet to receive anything but thanks for my advocacy. From straightforward tax issues to more complex professional advice, Mark and his team have been unfailingly committed and conscientious. They're also scrupulously accurate, trustworthy, efficient and, crucially, a pleasure to deal with.

Neil Chappell, Managing Breakfast Agency Limited

Mark’s advice in assisting the negotiations and putting in place the structure was invaluable during our management buy-out, ensuring the continuation of our business.

Gavin Smith, Managing Director, Transcargo International UK limited

Peter and his team have been handling the books of our three companies for a number of years and we have been nothing but satisfied. We have three distinctly different companies both in type, size and complexity and Peter and his team have handled everything in a hassle free and very knowledgeable way.

With the complexities of some aspects of our businesses it has been a complete load off my mind to not have to constantly worry about negotiating the mine field that is the UK tax system and making sure the correct taxes are paid at the correct time.

His team also handle our payroll, which is certainly very welcomed by our staff, as it prevents me from mucking it up - there's nothing worse than disgruntled staff because they haven't been paid!! All in all I would highly recommend Morris Wheeler & Co and have done to anyone that has inquired about accountancy services.

Jim Barnes, Managing Director, BDU Imports Limited

I have worked with Morris Wheeler & Co for the last few years. They supported our companies as we grew and I have found them to be exceptional in the help they provide in all aspects of my business and personal financial requirements. In addition they are extremely well informed and operate with a personal touch, which is why I would not hesitate to recommend their services.

Martin Griffiths, Managing Director, Mgriffiths Limited (A Franchise of Monkey Puzzle)

Morris Wheeler & Co accountants are proud to have worked with many family business clients in Bishop’s Stortford and the surrounding areas. Contact us to discuss how we can help your family business to succeed.