WELCOME TO

1-2-1 ACCOUNTANTS UK LTD

Chartered Certified Accountants in

Edgware, Middlesex

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1-2-1 Accountants UK Ltd offers: Accountancy, Payroll, Tax, VAT, Management Accounts, Financial analysis, Tax advice, Business Development, Training, and Business & Charity registration, Accounts and Independent Examiners Reports.

 

Let us help you look after your compliance and help you develop your business.

 

WHAT WE DO

Accountants, Tax Advisers; Business Development, Payroll, Training & Business Advisory specialists serving  Bayswater, Kensington, Hammersmith, Paddington, Notting Hill Gate, West London, Surrey & Middlesex & can cover more distant clients electronically.

LET US HELP YOU

Let us help you develop your business, and comply with taxation, etc. We are an approachable London firm of Chartered Certified Accountants.
 Director  Naresh Sethi is a Chartered Certified Accountant & was a part-time Associate Professor at Schiller International University in London for 12 years. Director Rikesh Kumar Patel is a Chartered Certified Accountant and tax expert.

CONTACT US FOR ALL YOUR NEEDS

If you are looking for a full comprehensive service ranging from Accountancy, Tax planning, Business Development, Training and general Business & quasi-legal advice, business advice and counselling, then stop here - you do not need to go further - contact us!

 
 

AREAS OF PRACTICE

  • Accountancy

  • Tax

  • Tax planning

  • Great Payroll

  • Best Business Advice

  • Business Development

  • Business plans 

  • Training/mentoring

  • Marketing Plans

  • Management Accounts

  • Financial Analysis

  • Investment appraisal

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Accountancy, Management Accountancy, Financial analysis, payroll, taxation - self-assessment, personal & Company taxation by a qualified and highly experienced Chartered Certified Accountants with many years of experience in Accountancy, finance, management &  business.

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Payroll service with RTI filing

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Accountancy, Tax advise and tax planning by Director/ shareholder Rikesh Patel, ACCA.

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Business development by Naresh who taught MBA students and has extensive business experience. 

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Bespoke Training by an Associate Professor at Schiller International University. Prof. Naresh Sethi was an Associate Professor for 12 years. He is also a Chartered Certified Accountant with an MBA degree and experienced educator who has supervised many MBA degree projects guiding students to the right sources of information/ research, content of their dissertations and completing their dissertations.  Helped many businesses with Financial and Management Accounts, Business Plans and Marketing Plans.

Read more about our services

BUSINESS ACCOUNTING TRAINING

Proper planning and record keeping are keys to help you comply & succeed. Entrepreneurial and business skills can be learnt - we can guide or train you and your staff.



Personal Self-Assessment Tax Returns are due by 31st January



Tax updates:

  1. The basic tax rate is 20%, higher rate is 40% and additional higher rate is 45%. Personal allowances have increases to £12,500 for the year 2019/20 and 2020/21.

  2. The 100% Annual Investment Allowance limit (to encourage investment in plant, machinery & equipment) is currently £1million (it was £200,000 in 2018/19).

  3. Second homes / buy to let property stamp duty of 3% is still in place.

  4. Tax free dividend amount is £2000 from April 6th 2018.

  5. Corporation tax rate has been reduced to 17% from 1 April 2020.

Read more about our services

 

TESTIMONIALS

 

I found Naresh to be knowledgable in his subjects, accounting and management, and totally reliable and hard-working.

He dealt with my accounts and those of my husband, Dr. Peter Nunn, and he has always acted with professionalism and expertise. He is completely trustworthy.

Dr. Elizabeth Nunn, ex-Director, Schiller International University, London

Naresh Sethi has been the accountant for Ealing Muslim Welfare Association (Masqid-e-Aisha) for 16 years. He is a competent, reliable and trustworthy person who has provided good service to or Charity/ Mosque. Dr G.D. Khan, General Secretary

I found 1-2-1 Accountants to be reliable, professional  and trustworthy. The Managing Director is highly qualified, experienced and knowledgable in Accountancy, Tax, Business consulting and related areas.

Dr. R. Ladwa, Dental Surgeon, Ealing

Highly recommend Naresh Sethi and 1-2-1 Accountants UK Ltd (...) he did my tax return in record time (...) for an extremely reasonable price, gave me good advice and was polite and kind (...) very positive experience.

Maria Lacaille

"Naresh Sethi has been the Treasurer of The Chitrakoot Project (UK) Charity for the last 20 years . He has done an excellent job in not only promoting the work of this charity but also in keeping our finances in order . He also assisted in setting up of the Indian Dental Association (UK) . He got us registered as a charity with the charities commission and looks after the finances of the IDA - we could not have achieved this status with out his expert and professional guidance. He is an excellent accountant and we are so pleased to have associated with him and his firm. " 

Dr Naresh Sharma

ENTREPENEURS

You are in business to succeed. Listed below are some things someone starting or running a business may consider. Where internal skills are lacking external help should be sought and it is not always expensive. Your accountant can be your friend & mentor.

GOOD SKILLS & PLANNING ARE A PRE-REQUISITE TO SUCCESS

Most businesses fail due to:​

  1. Lack of business skills - without the appropriate skills you may not be 'PLANNING', 'MONITORING', 'CONTROLLING' or 'MARKETING' your business effectively.​

  2. Businesses running out of cash - some basic skills like management accounts or cash-flows  can help you avoid this​

  3. Not enough research carried out about your proposed business before starting - unless it is a franchise or you are duplicating a known business type or model you should carry out adequate market research and draw up a business plan to ensure your proposed business is going to be viable and profitable. A bad product, a poor location, not enough or appropriate marketing, poor budgeting, etc can lead to failure.

  4. Using a good firm of Accountants can increase your chances of success by a large extent.

Alexandra

QUALITIES OF A GREAT ENTREPRENEUR

  • Skillful​

  • Persistent​

  • Decisive​

  • Leader​

  • Visionary​

  • Management skills​

  • Financial skills​

  • Planner​

  • Organiser​

  • Doer

  • Marketeer

Aurore

MANAGING / RUNNING YOUR BUSINESS

Visualise & actualize; have a mission

Have aims, goals, targets​. Do you want to be best? Do you have a documented plan of action - maybe even a full BUSINESS PLAN?​

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Assess your competitive advantage - is it a unique product or service or skill or way of offering the product or service? ï»¿Have you apportioned your time effectively for the 4 main roles: â€‹

  • ENTREPRENEUR

  • MANAGER

  • TECHNICIAN/WORKER

  • SALES

or employed the right staff if your business is large enough?​


Time apportionment and delegation are important; do not ignore the Entrepreneur or Manager roles by being the Technician / Worker.


Are you adhering to your MARKETING PLAN OF ACTION effectively?​ Do you have a Marketing Plan Budget - we can help.


Are you reviewing progress in terms of sales and finances/ cash-flow?​ Do you have good external expertise like a good Accountant or Solicitor?

 
 
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LIMITED COMPANY / SOLE-TRADER / PARTNERSHIP - ADVANTAGES & DISADVANTAGES

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Tel: 0333-6000020

0207-1127520

Equity House, 128-136 High Street, Edgware, Middx HA8 7TT or by appointment only at

Office 205, 28A Queensway
Bayswater, London W2 3RX

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