Business Services

Bloom Financials help in transforming businesses using state-of-the-art services and strategies. We identify organic & inorganic opportunities for the growth of businesses and provide support in achieving the best results. Our business experts and advisors assist businesses to stay compliant and employ strategies to deal with challenges positively and produce effective outcomes.

We guide business start-ups in budgeting, formation, forecasting, contracts & memos drafting, business management and modelling.

We offer an extensive range of tailored business services, as per your requirements. Our professionals around the UK are ready to provide hands-on, personal supervision that will help to take your business up to the next level.

Company Secretarial Services

Large businesses often function with complex group infrastructures, which magnifies the additional compliance and governance burden. The associated costs to maintain such structures are significant. Corporates have to fulfil various administrative obligations to correctly operate a company that often refers to the company’s secretarial work. Companies, thus, frequently need to review entity governance and robust legal entity management functions to manage costs effectively. As a result of the growing governance needs and compliance load, organisations are increasingly considering advanced and swift company secretarial services to boost productivity within their budgets.

We offer extensive secretarial services to support organisations to help them function efficiently and meet their statutory compliance requirements. Our secretarial team works across multiple sectors; we understand company’s operational needs, the local market, and all its associated legal & regulatory framework when performing secretarial work for our clients.

Secretarial support can be crucial to reducing risks and limiting exposure to the costs of compliance default, such as fines, prosecution, or director disqualifications. Therefore, we are here to handle every aspect of your company’s secretarial need in every jurisdiction where you do business. Our expert team comprises high-calibre professionals who deliver:

1. Register a private or public company (IN01)
2. Submission of annual accounts (AA01)
3. Submission of Dormant Accounts (AA02)
4. Filing of confirmation statement (CS01) to Companies House
5. Change of company name (NM01)
6. Change of registered office address (AD01)
7. Appoint a director (AP01)
8. Appoint a secretary (AP03)
9. Change of details of director (CH01)
10. Terminate an appointment of a director (TM01)
11. Register a single alternative inspection location (AD02)
12. Move your company’s records to the registered office (AD04)
13. Give notice of individual person with significant control (PSC01)
14. Return of allotment of shares (SH01)
15. Consolidate, sub-divide, redeem shares or re-convert stock into shares (SH02)
16. Notify a purchase of own shares (SH03)
17. Notify a cancellation of shares (SH06)
18. Strike off a company from the register (DS01)
19. Withdraw a striking off application by company (DS02)
20. Apply for administrative restoration to the register (RT01)
21. Give notice of a special resolution on change of name
22. Give notice of a written special resolution on change of name

Memorandums and Contracts Drafting

Bloom Financials is a one-stop-shop for your business needs; we not only provide business accountancy and advisory services but also drafting services to our clients. Our expert content writers can draft you formal contracts (for example, Partnership Agreements, Business Sales Contracts, Vendor Agreements, Employee Contracts, Shareholders Agreements, Franchise & Service Agreements, Non-disclosure & Confidentiality Agreements, and Intellectual Property Rights Agreements) as well as memorandums to help you in your company’s secretarial work for example memorandum to transfer shares between shareholders, memorandum to appoint or remove a director, memorandum of purchase of shares etc.

If you want us to draft any formal legal document for your business, please click the link below to sign up.

Business Plans and Market Research

Whether you are in the conception stage of your business or expanding your brand to a new market, our business experts closely work with you to understand your business’s core value and articulate it in the form of your company’s vision, mission, and objectives. We have a deep understanding and broad experience in creating and executing business plans, providing step-by-step guides to incorporate or grow your business to the next level. We carry secondary market research to give you more insights into your target market and the industry statistics.

Our business experts can provide you with a clear roadmap detailing the profile of your target market, your revenue-generating services and products, your cost and expenditure structure, the personnel requirements and technology infrastructure, the sales and marketing strategy and competitive market analysis that will ensure your success; our business plan can help you turn your aspirations into reality.

A final business plan comes with a financial plan that considers the funds required to set up or expand the business, possible sources of funds, break-down of capital investment and projected financials statement consisting of profit and loss account, balance sheet and cash flow statements.

A standard business plan covers the following topics and areas:

1. Executive summary
2. Vision and Mission Statement
3. Business Objectives
4. Key to Success
5. Product or Service Description
6. Market Analysis (Secondary Research)
7. Industry Analysis (Secondary Research)
8. Competition Analysis (Secondary Research)
9. Sales Strategy
10. Marketing Strategy
11. Financials Plan

If you need to develop a business plan for your business, you can contact us. We will discuss the business model and value proposition of your business and provide you with a simple questionnaire to fill. Once you give us the completed questionnaire, we will articulate your business plan with financial projections. Further topics can be added as per business models and requirements.

Penalties & Appeals

If HMRC issues penalties for errors or late filing of returns, or late payments, the experts at Bloom Financials will see if those penalties can be challenged. If so, we can prepare appeals against those penalties along with the necessary paperwork to get them waived off by the HMRC. We can assist you in using the right to appeal and provide both an impartial and independent view about a penalty. Several avenues, including Appeal and Tax Disputes, are open to you if you disagree with a tax decision made by HMRC. You have three options at your disposal, and our knowledgeable accountants will help you choose the most appropriate course of action. A penalty can be issued incorrectly or unfairly due to a variety of reasons. However, individuals or businesses have the right to file appeals against those penalties within a stated time by HMRC.

If you have any penalty you want to appeal against, you can contact us to look after your matter.

HMRC Taxes Payment Plans

If you can pay your HMRC tax bill, you must pay it as soon as possible. However, if you are in financial difficulties and unable to pay your tax bill, you can request HMRC to make the instalments of your bill. You can also appoint us as your agent to negotiate with HMRC on your behalf. This arrangement of rescheduling is called the Time to Pay arrangement.