IX5 Environmental Services was established in 2018 and for the first four years was run as a sole trader business. Initially offering solely pest control services, the business grew and began to offer a range of commercial services for offices, factories, and retail spaces, implementing preventative measures to reduce the risk of future pest infestations. During this time, the founder managed all aspects of the business, including the bookkeeping, accounts and tax return filings.
As with many owner-managed businesses, they had the balance of providing exceptional service to clients with the operational challenges of running the backend processes. After four successful years, it became clear that transitioning to a Limited Company was essential for the company to grow. However, this transition brought new complexities that required professional expertise.
The transition to Limited Company
Coopers&Co were ideally placed to provide all payroll and accounting services, allowing the founder to transition into the role of Company Director, where they could focus on business growth knowing that Coopers&Co’s professional team were supporting with the financial aspects of the business.
In particular, Natalie, who manages the monthly payroll, consistently demonstrated precision and clarity, ensuring the process was seamless and all payroll and tax queries were addressed promptly.
With Coopers&Co managing the complexities of payroll and accounts, the company has been able to prioritise scaling its operations. Plans are already in place to work with Isobel to finalise the annual accounts and develop financial forecasts, a crucial step for laying a structured foundation for the company’s future growth.
More than just outsourcing basic tasks
The decision to partner with Coopers&Co has proven to be more than just a means of outsourcing accountancy tasks. IX5 Environmental Services now has confidence in their finances, allowing them to focus on customer service and growing the business.
If you’re a growing business and would like to find out if you’re ready to make the leap from Sole Trader to Limited Company, get in touch with our team today.
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