About us
Company Background
London 1st are experts in providing advice, training, business planning and support for contractors and business start-ups. We provide ongoing accounting, payroll, bookkeeping, compliance and tax services and support for small and medium sized businesses after start-up in London and the UK.
We have 10 years experience of helping people get into business. Our services are utilised by small and medium size business, contractors, self-employed, land and property owners, workers in the construction industry scheme (CIS) and individuals.
List of Services
- Limited company set-up
- Umbrella Solution
- Contractor Accounting Solutions
- Business Start ups
- Bookkeeping
- Online Accounting Solutions
- Accounts Preparations
- Changing Accountants
- Self Assessment
- Tax Returns
- Travel insurance
Managed Service Company (MSC) Legislation
London 1st have been independently audited by Professional Passport and found to be a safe services provider in terms of the Managed Service Company (MSC) legislation. The rigorous audit standard that has been developed by Professional Passport in conjunction with HMRC provides reassurance to our clients and recruitment agencies that they are not threatened by this legislation. For more information about MSC legislation click here.
Our Vision
Internationally mobile contractors, entrepreneurs and the self-employed want to earn the maximum amount of income and have no time to deal with bureaucracy and administration. They require, flexibility, independence and fast information. They expect friendly service without the pomp but all the professionalism.
It is our vision to provide innovative and convenient business start-up services supported by administrative, accounting and training services that will assist entrepreneurs and contractors in running their affairs effortlessly whilst maximising their income, allowing them to focus on their own core competencies and enjoy an exciting international life style.
Product Development
London 1st has developed unique accounting and compliance services designed to fulfil the needs of small businesses and contractors in the UK. We have developed bespoke software that has been built over time based on our experience in meeting the needs of our clients who require financial and accounting information quickly, efficiently and with minimum effort on their part.
Our innovated brands of products were designed to meet the needs of contractors and small businesses that require instant information with maximum integrity. The products are designed to assist contractors or businesses at start up, where they may know or want little to do with the bookkeeping and accounting of their business but require reliable information on the state of their business on a weekly or daily basis. We developed our software specifically to enable contractors or businesses to choose how much bookkeeping, accounting and compliance they want to shoulder and what they want to outsource to us. The software we developed has made this possible by selectively adding modules that the client requires. Hence, new business and contractors can become increasingly independent, utilising an excellent tool to run their businesses and are able to influence the price they pay for an accounting service by deciding how much assistance they require from us. It also serves as an excellent training tool by gradually exposing the client to different aspects of bookkeeping and accounting, vital for running any business.