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 experts

Your professional services sector expert

True words
Real clients

PCE

PCE is headquartered in Teesside and has branches throughout Europe.  As the Group Finance Director, it is vital that I can rely on my advisors to help navigate the compliance and taxation issues that running a European group entails.  The business has used Clive Owen for nearly twenty five years and have worked specifically with Kevin Shotton for the last five.

Kevin and his team perform the full Group audit including our overseas subsidiaries. Further, as well as giving significant input on our UK taxation position, I can and do call on the team’s expertise to help with transfer pricing and other issues associated with running a multinational business.  I genuinely appreciate the time and effort that Kevin puts into the relationship; I know during our meetings that he will have considered issues from a number of different angles meaning he is able to present us with options that we might not otherwise have thought of.

This breadth of knowledge and ownership of the relationship mean that I cannot recommend him highly enough.

Ben Williamson

ADM Pressings is a Newcastle-based manufacturer that specialises in metal pressings, production, fabrication, assembly, painting and customised turnkey solutions.

Following an introduction by Joe Routledge, Membership Manager of the North East Automotive Alliance, Grants Partner Carl Wright and the wider Grants team worked to a tight schedule to secure six-figure grant funding for new equipment.

Jonathan Hunter, Commercial Engineer at ADM Pressings, said:
Carl was very helpful at short notice for a bid writing assignment for a grant to fund new capital equipment for our site. He and his team quickly understood our needs and guided us through the process, providing easy to understand updates and insight along the way.  Always professional and efficient, this ensured a positive outcome, meaning we were successful in securing the grant and could achieve our project timeline.

I would have no hesitation reaching out to the Clive Owen LLP team again should similar services be required.

ADM Pressings

Nordic logo

I would like to put on record how highly I rate the services of Clive Owen LLP. I have used Clive Owen as both my company and personal accountants since 2011 and have benefited enormously from the broad range of services that they offer.

On many occasions Clive Owen LLP has saved me money personally and for my businesses through efficiencies implemented and advice given on various tax issues, VAT, grant funding etc.

I believe the integrity, reliability, experience and knowledge are second to none in the North-East.

Nordic Products and Services, Managing Director

TICA

“Since engaging with Clive Owen LLP, we have modernised. The accounts were very paper based, they have now been brought into electric format. They are more transparent and user friendly, this means we can get accurate information that we can forecast from”

TICA, Marion Marsland