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.

True words
Real clients

Silcoates

Clive Owen LLP has been the ideal professional partner for the school for many years. Chris and his team are helpful, supportive and genuinely interested in our progress and success. With an extensive understanding of the education sector and its ongoing challenges, advice is pragmatic and clearly presented whilst projects are delivered in a timely and collaborative manner and within budget. I cannot recommend the team highly enough.

 

Silcoates School

RheEnergise Limited grant support by Clive Owen LLP

We were very pleased with the service provided by Eleanor at Clive Owen, who prepared an independent accountant’s report to support our grant funding claim. Eleanor expertly guided us through the process, making it very easy on our side. We would definitely consider working with Clive Owen again.

RheEnergise Limited

Carolyn Dent from Bishop Chadwick Education Trust said,
“We have used Clive Owen LLP since February 2016, when we were incorporated. They originally acted as both our external and internal auditors, and since the financial year 2020/21, they have acted solely as our external auditors.
They have also supported us with auditing services for teachers’ pensions and external grant assurance services.
Our organisation must comply with the Academy Trust Handbook, and the work we do with Clive Owen LLP enables us to achieve this requirement.
Through the audit process, our auditors help us improve performance and streamline our processes, ensuring compliance and allowing us to better support our schools. As our auditors, they highlight our strengths and provide guidance where we have areas for development.
I would recommend Clive Owen LLP. Their processes are thorough, robust, and timely. Our auditors are always helpful and supportive, and happy to answer any ad hoc queries throughout the year.

Bishop Chadwick Education Trust

We have worked with Clive Owen for a number of years and have always found them to be an exceptional tax partner.

What really sets them apart is the combination of technical expertise and genuine commercial understanding. They take the time to understand our business, our ambitions and the challenges we face, rather than simply providing an answer to a tax question. Their knowledge of our business means their advice is always more relevant, practical and commercially focused — and ultimately makes everything work better.

We have also built great relationships with people across the different teams at Clive Owen. Whoever we are dealing with, we know we have people who understand our business, know our history and genuinely care about getting the right outcome for us. That continuity and depth of knowledge is incredibly valuable.

The team are responsive, approachable and always willing to go the extra mile. We would have no hesitation in recommending Clive Owen.

The Lanchester Group, Caroline Cleary-MacArthur