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Accounting for limited companies

Last reviewed 11 July 2026

In short

For eligible ordinary private limited companies with turnover under £500,000, our price is £350 per year, collected in monthly instalments across the tax year. Every entry in your books follows the same discipline: AI drafts it, AgentLedger validates the double-entry, and a person approves it. Companies at or above £500,000 turnover — and specialist structures such as CICs and charities — are quoted individually.

Running a limited company means running two things: the business, and the company. The second one — the ledgers, the records behind the accounts, the discipline of keeping company money and your money separate — is where directors quietly lose their evenings. It is also the part we take off your desk.

One clear price for ordinary companies

For eligible ordinary private limited companies with turnover under £500,000, our price is £350 per year, collected in monthly instalments across the tax year. No tiers to decode, no per-transaction meter running.

"Ordinary" is doing honest work in that sentence. It means a standard private company limited by shares — trading, invoicing, paying its people and its suppliers. Some organisations are companies but not ordinary ones: Community Interest Companies carry regulator reports and an asset lock; charitable companies answer to charity law as well as company law. Those need specialist handling, and we would rather say so up front than pretend one price fits all — see our CIC and charity pages, and ask for details.

Companies at or above £500,000 turnover are also quoted individually: at that scale the work genuinely differs, and an honest price has to be a considered one.

How the bookkeeping works

Every entry in your company's books passes through the same three hands: AI drafts. AgentLedger validates. People approve.

The AI reads each invoice, receipt and bank line and drafts the double-entry posting. AgentLedger — our ledger engine — mechanically verifies it: debits equal credits, real accounts, coherent dates. Then a person approves, corrects or queries the entry, in line with the review plan agreed for your account. The order matters: machine checking happens before human attention, so the person reviewing your books spends their judgement on whether entries are right, not whether they add up.

What you get from that is a company ledger you can actually trust between year ends: profit visible monthly, money owed to you and by you always current, and records that stand behind your statutory obligations instead of being reverse-engineered to meet them.

Is your company eligible?

You are likely eligible for the £350 arrangement if all of these are true:

  • a private company limited by shares, registered in the UK;
  • turnover under £500,000;
  • not a CIC, charity, LLP or other specialist structure.

If any of those miss, nothing bad happens — you simply get an individual quotation instead of the standard price.

What happens when you ask for details

  1. You tell us about the company. What it does, rough turnover, how many transactions and people are involved. A few minutes, no documents required.
  2. We confirm scope and price. In writing: whether the £350 arrangement applies to you, exactly what is included, and the price if your company needs a bespoke quotation.
  3. You decide. No payment is taken at this stage, and an enquiry is not an acceptance — by you or by us. You choose with the facts in front of you.

Check eligibility

Official sources

Want this handled for you — with a person accountable for it?

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Accounting for limited companies · Elizabeth Bookkeeping & Accountancy