Corporate Audit

Do I need an audit?

If you qualify as a small company, then you’ll usually be exempt from needing an audit unless you’re a member of a group.

If you meet two of the following criteria then you will qualify as a small company:

  • Fewer than 50 employees

  • Total assets less than £5.1 million

  • Annual turnover of less than £10.2 million

There are certain companies that require an audit by law, regardless of their size or income. Further information on this can be found here.

What kind of clients do we service?

Our Audit client base is varied: 

  • Our corporate clients generally have a turnover of between £10m and £150m;

  • we service a number of clients significantly greater in size, the largest being a group with a turnover in excess of £1 billion;

  • many are group companies and/or have multi-site locations;

  • a number operate in innovative industry sectors where we provide related advice on topics such as R&D tax credits and Patent Box claims; and

  • our portfolio covers a wide range of market sectors including the manufacturing and technology sectors.

Owner-Managed Businesses

A large number of the businesses we work with are owner-managed and we aim to understand the business and personal goals of the owners to ensure that we provide a holistic service. Taking time to understand our clients’ short, medium, and longer-term goals ensures that our advice is timely and goal aligned.

We are also supported by our Tax Consultancy team, who have significant experience in a range of business types. Team members are aware of the potential pitfalls that may arise with VAT, joint/shared use buildings, trading activities, benefits in kind, building and development etc.

Large Corporates & International Groups

A number of our Audit clients are subsidiaries of overseas parent companies and we are experienced in the specifics of understanding and servicing entities that are part of global groups.

We also provide audits to a number of UK parent companies where we issue group instructions to overseas subsidiaries.

Speak to our team

Whatever your needs, we're here to help.