paul a.

hill & co.

01480

468931

CHARTERED

ACCOUNTANTS


If  you’re a high-tech start-up, we know you’re facing additional challenges.  Your investors have  expectations that one day you’ll be a large and significant player in your sector.  You want to rapidly expand, so that it’s you who becomes the 800lb gorilla.  Yet,  your first investment round will be insufficient,  so you need time to demonstrate success and achieve a good valuation in subsequent rounds.  This means burning  your cash slowly, whilst still growing rapidly.

Our clients are mainly Bio-tech, Electronics, Software and Solar Power start-ups. We also advise overseas companies opening their UK subsidiary, as such subsidiaries face similar challenges. In particular, we:-

  • Create business plans that attract angel or VC funding.
  • Structure renumeration packages, including appropriate share options schemes, so you can attract the people you want, yet conserve cash.
  • Ensure you take advantage of R&D tax credits, to reduce your tax payments.
  • Provide monthly accounts that comfort your investors with a full picture of your company’s progress.
  • Reclaim VAT, as your VAT’able expenses may be greater than your early sales.
  • Audit your year-end accounts, so you’ll provide your future investors with a complete history of audited accounts.
  • Reduce your corporation tax – for instance from 1st April 2013, profits earned from patented inventions attract only 10% Corporation Tax.
  • Manage your payroll and bookeeeping, so that you focus on creating a major business.
  • Provide a non-judgemental sounding board. We won’t think any less of you, whatever issue you discuss with us. Nevertheless, we’ll advise, as we are seeing what’s  working and what isn’t for other start-ups.

What’s more,  we are based in St. Ives. From this location we’ll meet you anywhere in the Cambridge, Huntingdon, Ely area for 9am. Since our staffing and office costs are lower, we’ll deliver a higher value service than our competitors.