Professional Services

We provide specialist accounting, tax and business advisory services to professional services firms across the North East and Yorkshire, including legal, consultancy, advisory and partnership-based businesses.

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Professional services accountants and business advisors in the North of England

We provide specialist accounting, tax and business advisory services to professional services firms across the North East and Yorkshire, including legal, consultancy, advisory and partnership-based businesses.

Professional services organisations are unique. They vary in size, structure and operating model, and face increasing pressure from regulation, competition, pricing challenges and changing client expectations.

We work with you to provide clear, practical advice that supports growth, improves financial performance and ensures compliance.

Specialist support for professional services firms

We understand the challenges faced by professional services businesses, including law firms, accountants, consultants and other fee-based organisations.

Our support goes beyond year-end compliance. We help you manage your business effectively throughout the year.

We advise on:

  • Year-end accounts and financial reporting
  • Tax planning and compliance
  • Cash flow management and forecasting
  • Profitability and performance improvement
  • Business structure and incorporation
  • Succession planning and exit strategy
  • Mergers, acquisitions and consolidation

Our role is to give you the financial clarity and strategic insight needed to run a more efficient and profitable practice.

Professional services advisory and growth support

The professional services sector is changing rapidly, with increasing consolidation, regulatory requirements and the growing impact of technology on how firms operate.

We provide proactive advice to help you adapt and grow, including:

– Strategic planning and business modelling
– Financial management and performance reviews
– Management accounts and KPI reporting
– Cash flow forecasting and funding support

SRA compliance and legal sector expertise

We have extensive experience supporting law firms and legal practices with regulatory and financial compliance.

Our legal sector services include:

  • Solicitors Regulation Authority (SRA) Accounts Rules reviews
  • SRA compliance support and guidance
  • COFA (Compliance Officer for Finance and Administration) support
  • Training for partners, fee earners and finance teams
  • Virtual Finance Office support for month-end processes and reporting

We help ensure your firm remains compliant while operating efficiently and confidently.

Tax services for professional services firms

Tax planning is essential for professional services businesses, whether you operate as a sole practitioner, partnership, LLP or limited company.

We support you with:

  • Income tax and business tax planning
  • Corporation tax compliance
  • Capital gains tax planning
  • Partner remuneration and profit extraction strategies
  • Long-term tax and succession planning

We also work closely with private client specialists to help partners manage personal tax obligations and improve cash flow planning.

Professional services firms we support

We work with a wide range of professional services organisations, including:

  • Law firms and solicitors
  • Barristers and chambers
  • Accountancy practices
  • Management and business consultants
  • Financial advisory firms
  • Specialist professional partnerships

We understand the commercial and regulatory pressures across each of these sectors and tailor our advice accordingly.

Strong financial management is critical for professional services firms, particularly those with partnership structures and variable billing cycles.

We support you with:

Cash flow forecasting and planning
Working capital management
Funding applications and lender support
Management accounts and financial reporting
Profitability analysis by partner, team or department

A trusted advisor to the professional services sector

We are proud to have built strong relationships across the professional services community, working closely with firms to provide ongoing support, insight and strategic guidance.

We stay up to date with regulatory and market changes so we can help you respond quickly and confidently.

Speak to our professional services specialists

If you are looking for experienced accountants and advisors for professional services firms in the UK, we are here to help.

Contact our team today to find out how we can support your firm with expert compliance, tax planning and strategic business advice.

Your professional services sector expert

True words
Real clients

As a fellow business in the professional services sector, we really valued Clive Owen LLP’s clear advice and proactive approach throughout the process.

Their support gave us the confidence to go for the Business Growth Fund grant funding and invest in a new, modern office, which will help to support our next phase of growth.

We felt supported and well guided from start to finish, and we wouldn’t hesitate to recommend Carl and the team.

 

Sarah Reid, Richard Reed Solicitors

Richard Reed Solicitors

Clive Owen LLP accounting services

As a company with a strong global presence, our accounting needs are naturally complex and continually evolving, which required a trusted and forward-thinking professional services partner.

SeAH Wind enjoys an excellent working relationship with Clive Owen LLP, benefiting greatly from the team’s proactive approach that has helped to deliver on a range of tailored solutions to support the company’s growth.

This breadth of knowledge and expertise has been instrumental in meeting the detailed needs of our business, and we would not hesitate to recommend Clive Owen LLP.

SeAH Wind

TherageniX is an early stage biotechnology company using gene therapy for tissue regeneration applications.

We won an Innovate UK grant recently and as part of the grant, needed to provide an IAR.

The Clive Owen LLP grants team helped us with our IAR very quickly and at an affordable price.  The IAR has enabled us to smoothly submit our claims and continue our activities.

I would (and have) already recommended Clive Owen LLP to other people in my network.

Contact our grants team here.

TherageniX

Carmel College

We have worked with Clive Owen LLP during the school’s first year of Academy status and have found the company to be a thoroughly professional organisation. As well as undertaking the yearend audit and responsible officer role, they have provided a number of training courses which we have found very useful. Of particular interest was the session on ‘Academy Finance’ where governors gain a better understanding of the issues we may face as an Academy – funding environment, VAT, gift aid, corporation tax and cash flow implications to name but a few.

Carmel College, Chief Executive Officer