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Solid Accountants

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Solid Accountants

We are a hard working team dedicated to protecting and galvanising your business. Your targets are o

21/07/2026

Profit and cash flow are not the same thing.

This is one of the most common points of confusion we see with growing businesses, and it catches people out at the worst moments.

You can be profitable on paper and still run out of money. Here is how it happens.

You invoice a client in June and they pay in September. Your accounts show the income but your bank account has not seen it yet.

You invest in stock or equipment. Your profit and loss does not show it as a cost but your cash balance drops immediately.

You have a strong quarter, a large tax bill arrives, and suddenly the numbers stop adding up.

Profitable businesses do occasionally fail because of cash flow problems. It is not common but it happens, and it is entirely avoidable with the right visibility.

Knowing the difference between what you have earned and what you actually have available changes how you run your business.

15/07/2026

Most people think VAT registration means paying more.

For PCO and private hire drivers, the reality is quite different.

Under UK VAT rules, Uber and similar platforms are classed as the supplier of the electronic service.

That means the VAT liability sits with the platform, not the driver.

Here is what that can mean in practice:

You may be able to register for VAT and reclaim it on genuine business costs.

Fuel, vehicle maintenance, equipment and EV charging are all areas where VAT reclaims can add up over the course of a year.

This is a legitimate tax position that thousands of drivers across the UK are entitled to.

Most are simply not aware it exists.

Whether it applies to your specific setup depends on how you work and which platform you drive for.

It is worth understanding before you assume it does not apply to you.

30/06/2026

We started Solid Accountants because we kept seeing the same thing.

Business owners who were working incredibly hard — and still felt like the numbers were working against them.

Not because they were doing anything wrong. But because nobody had ever sat down and explained what the numbers actually meant for their decisions.

That's not accountancy. That's just compliance.

We work differently. We sit alongside you, look at where your business is going, and help you make decisions with clarity — not guesswork.

If your accountant only calls at year-end, you deserve more than that.

What would change in your business if you actually understood your numbers? Tell us in the comments.

24/06/2026

MTD for Income Tax is now live for anyone earning over £50,000.

If that's you — and you're still keeping records in a spreadsheet or a shoebox — this matters.

From April 2026, HMRC requires quarterly digital submissions. Not annual. Quarterly.

Here's what you need to have in place:

✅ Compatible software (Xero, QuickBooks, FreeAgent, Sage)
✅ Digital records for all income and expenses
✅ Quarterly updates submitted on time
✅ Final declaration by 31 January each year

The £30k threshold drops in April 2027 — so even if you're not caught yet, you will be.

Not sure where you stand? Drop a comment or message us to book a free 15-minute MTD readiness call. No obligation.

19/06/2026

Most business owners find out about a tax problem at the worst possible time.

Year-end. When the invoice just landed. When cash is already tight.

It doesn't have to work that way.

A Virtual Finance Director gives you the visibility to see what's coming — months in advance, not weeks too late.

• Know your tax position in real time
• Plan around cash flow before it becomes a crisis
• Make growth decisions with confidence, not guesswork

This is what it means to have a business partner in your corner — not just an accountant who files your return.

Book a free 30-minute advisory call — link in bio or message us directly.

04/06/2026

Many business owners only look at profit.

Fewer look at profit quality.

Two businesses can show the same profit on paper — but one has strong cash flow, predictable margins, and healthy reserves, while the other is constantly under pressure.

Strong financial performance is not just about what comes in.

It is about how sustainable, visible, and controllable that profit actually is.

Questions worth asking:

Are margins improving or shrinking?
Is cash flow keeping pace with growth?
Are rising costs quietly reducing profitability?
Are decisions based on current numbers or assumptions?

Better financial decisions start with better visibility.

We help business owners move beyond compliance and understand what their numbers are really saying.

26/05/2026

Tax penalties can be costly, stressful, and often avoidable with the right preparation.

Staying on top of deadlines, keeping accurate records, and planning ahead can help protect your income and keep your business on track.

We help support business owners to have clear, practical guidance so they can stay compliant and avoid unnecessary setbacks.

Preparation today protects your income tomorrow.

20/05/2026

As your business grows, your financial strategy should grow with it.

If you are expanding, making bigger decisions, or feeling less clear about where the business stands financially, it may be time for a finance strategy review.

The right review can help you improve clarity, strengthen control, and make decisions with more confidence.

We provide business owners with practical financial insight that helps them plan ahead and grow sustainably.

Better decisions start with better financial direction.

14/05/2026

Good record-keeping is not just about staying compliant. It gives business owners the information they need to make sound decisions at the right time.

When your records are accurate and up to date, it becomes easier to understand your true financial position, manage cash flow, monitor costs, and plan ahead with confidence.

For business owners, we turn financial records into useful insight, so decisions are based on clarity rather than guesswork.

Clear records support better decisions and better decisions support growth.

04/05/2026

We’re proud to support businesses that value both creativity and efficiency.

Working with De Rosee & Sa, we’ve helped take the pressure of bookkeeping off their shoulders, giving them more time to focus on what they do best at designing thoughtful, elegant architecture.

By combining practical advice with smart technology like KashFlow, we’ve been able to keep their finances up to date while improving overall efficiency in a cost-effective way.

Just as important, we’re always here, whether it’s a quick call or a face-to-face chat.

It’s a pleasure to work alongside a team that appreciates the balance of modern tools and genuine human support.

Address

Eagle House, 163 City Road
London
EC1V1NR

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+443333443993

Website

http://solid.accountants/

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