If you’re seeking a payroll outsourcing bureau for your Coventry-based business, then this article should have what you need. Here we review the top 6 payroll companies in Coventry, giving you the key facts to help you choose a nearby outsourced payroll provider for your business.
Best payroll companies in Coventry
- Accumen Business Consultancy Limited
- Aggarwal Accounts
- Burrowdale Accountancy Services Ltd
- Cheylesmore Accountants
- Fortress Accountants
- Varol Accountancy
Accumen Business Consultancy Limited
- Payroll processing
- Payroll procedures including Real Time Information and pensions Auto Enrolment compliance
- Management accounts and information
- Bookkeeping
- Business planning and forecasts
- Statutory audits
- Annual accounts
- Specialist / niche audit and accounts
- Company secretarial services
- Tax returns
- Grant claims
Prices:
- Payroll processing from £60 + VAT per month
- Accountancy services from £90 + VAT per hour
Website:
Email address:
Phone number:
0247 615 8146
- Takes 2 minutes
- Receive quotes to compare
- Easy and no commitment
Address:
Coventry University Technology Park
Puma Way
Coventry
CV1 2TT
Reviews:
Aggarwal Accounts
- Payroll services
- Calculating tax obligations
- Real time PAYE submissions
- Auto enrolment into workplace pension schemes
- Bookkeeping
- Statutory financial statements
- Personal tax
- Capital gains tax
- Corporation tax
- VAT
Prices:
- Bespoke packages available
- Payroll on a per-payslip basis with a minimum monthly charge
Website:
https://www.aggarwalaccounts.com
Email address:
Phone number:
07443419408
- Give your requirements
- Receive quotes to compare
- Choose a provider or walk away - your choice!
Address:
249 Leamington Rd
Coventry
CV3 6NB
Reviews:
Burrowdale Accountancy Services Ltd
- Chartered Accountants serving Warwickshire and the Midlands
- Offers payroll outsourcing services along with general accountancy
- VAT returns
- CIS returns
- Year end accounts
- Company secretarial work
- Company formations
- Bookkeeping
- Payables and receivables – management of supplier and customer invoices and payments
- Virtual Finance Director
- Management reporting
- Capital Fundraising and advice on seeking equity to help grow the business
- Cashflow Forecasts and budget projections
Prices:
- Free no-obligation quotes available
- Payroll processing from £60 + VAT per month
- Accountancy services from £70 + VAT per hour
Website:
Email address:
Phone number:
0247 646 0333
Address:
149 Duggins Ln
Coventry
CV4 9GP
Reviews:
Cheylesmore Accountants
- Payroll services
- Bookkeeping
- Company accounts
- Tax planning
- Cashflow planning
- Business plan writing
- Management accounts
- VAT returns
- Company formation
- Confirmation statements
- Business bank account setup
- Business development plans
- Business valuations
- Tax investigations support
Prices:
Starter Package – Prices start from £150 + VAT
- Xero Accounting Software (Starter)
- Free 2 Hour Xero Training
- Dext (Receipt Capture) Software
- Limited Company Annual Accounts
- Corporation Tax Return Preparation and Submission
- Confirmation Statement
- Quarterly Bookkeeping
More Experienced – Prices start from £199 + VAT
- Xero Accounting Software
- Free 2 Hour Xero Training
- Dext (Receipt Capture) Software
- Limited Company Annual Accounts
- Corporation Tax Return Preparation and Submission
- Confirmation Statement
- VAT Return and Submission
- Monthly Bookkeeping
- Payroll (upto 2)
- Directors Tax Return
- Dedicated Account Manager
- Basic Tax Planning
Growth Mission – Prices start from £350 + VAT
- Xero Accounting Software
- Free 2 Hour Xero Training
- Dext (Receipt Capture) Software
- Limited Company Annual Accounts
- Corporation Tax Return Preparation and Submission
- Confirmation Statement
- VAT Return and Submission
- Monthly Bookkeeping
- Payroll (upto 5)
- Directors Tax Return (upto 2)
- Dedicated Account Manager
- Tax Planning
- Monthly Analysis Reports
- Basic App Advisory
Website:
Email address:
Phone number:
0247 601 7778
Address:
7 Edison Buildings
Coventry
CV1 4JA
Reviews:
- Facebook: 5 out of 5 based on 13 reviews
- Google: 5 out of 5 based on 128 reviews
- Trustpilot: 3.8 out of 5 based on 2 reviews
Fortress Accountants
- Cloud based accountancy firm, business advisors and tax consultants
- Offers payroll services
- Serves sole traders and limited companies
- Uses Clearbooks accounting software
- Year End Limited Company Accounts
- Self Assessment help
- Bespoke packages available
- PAYE
- Construction Industry Scheme (CIS)
- Bookkeeping
Prices:
- Offers a monthly package
- Payroll processing from £60 per month
- Accounting services starting at £70 + VAT per hour
Website:
https://www.fortressaccounts.co.uk
Email address:
Phone number:
0247 698 0431
Address:
16 Manderley Close
Coventry
CV5 7NR
Reviews:
- Google: 5 out of 5 based on 39 reviews
- Trustpilot: 4.7 out of 5 based on 27 reviews
- Yell.com: 0 out of 0 based on 0 reviews
Varol Accountancy
- Payroll service
- Accountancy
- Bookkeeping
- Company formation
- Business consultancy
- Tax returns
Prices:
- Prices not listed by vendor
- Payroll costed on a per-payslip basis with a minimum monthly fee
Website:
https://varolaccountancy.co.uk
Email address:
Phone number:
07900 625165
Address:
Techno Centre
Coventry University Technology Park
Puma Way
Coventry
CV1 2TT
Reviews:
- Google: 5 out of 5 based on 43 reviews
- Trustpilot: 4.3 out of 5 based on 8 reviews
How we determined our rankings – Evaluation criteria
To determine the top payroll service providers in Coventry, we conducted a detailed evaluation based on several important factors. Here’s the criteria we used to assess each provider:
- Local reputation based on online reviews: We delved into online reviews and feedback from Coventry-based businesses to gauge the reputation of each payroll provider. Those who consistently earned praise for their accuracy, client support, and problem-solving abilities ranked higher.
- Professional accreditation: We assessed the significance of professional accreditations as a measure of reliability and commitment to quality. Providers accredited by respected organizations, such as the Chartered Institute of Payroll Professionals (CIPP), were deemed more trustworthy and capable.
- Pricing: Our evaluation of pricing focused on transparency and fairness. We preferred providers that offer clear and competitive pricing, ensuring that businesses in Coventry can manage their payroll expenses without encountering hidden fees.
- Suitability of payroll management services: We examined the range and appropriateness of payroll services offered, particularly how well they cater to the specific needs of businesses in Coventry. This includes the efficient handling of statutory requirements like tax calculations, pension contributions, and employee benefits, suitable for both small enterprises and larger organisations.
FAQ – Payroll services companies in Coventry
Payroll services companies in Coventry offer a comprehensive array of payroll management solutions designed to support businesses of all sizes. These typically include processing employee salaries, calculating and deducting taxes and National Insurance contributions, handling pension contributions and auto-enrolment, issuing payslips (both electronic and paper), managing statutory payments (such as sick, maternity, or paternity pay), and ensuring compliance with Real Time Information (RTI) submissions to HMRC. Many providers also offer additional services, including bespoke payroll reporting, expatriate payroll management, integrated HR services, and consultancy for complex payroll and tax issues.
Finding a reliable payroll provider in Coventry involves several steps:
Assess Your Needs: Clearly understand your specific payroll requirements, considering factors like your industry, business size, and any unique payroll challenges you face.
Research Providers: Look for providers with strong expertise and a proven track record in handling businesses similar to yours. Reading reviews and seeking recommendations can be particularly insightful.
Evaluate Compliance and Accuracy: Ensure the provider is up-to-date with the latest payroll legislation and can guarantee accuracy in their payroll processing.
Consider Integration and Technology: Check if the provider’s payroll system can integrate seamlessly with your current business software, such as HR and accounting systems.
Review Security Measures: Confirm that the provider employs stringent data security measures to protect your sensitive payroll information.
Assess Customer Support: The level of customer support provided, including access to payroll experts, can be crucial for resolving any issues or queries that may arise.
Compare Pricing: Ensure the pricing structure is transparent and offers value for the services provided, without any hidden costs.
Scheduling a consultation or demo with potential providers can also help in making an informed decision.
Yes, payroll services in Coventry are highly suitable for startups and small to medium-sized enterprises (SMEs). Many payroll providers offer flexible and scalable solutions that can be tailored to meet the specific needs of smaller businesses. Outsourcing payroll can help startups and SMEs ensure compliance with complex payroll legislation, reduce administrative burdens, and avoid potential fines for payroll errors or late reporting. It also allows business owners to focus more on their core operations and strategic growth, knowing that their payroll obligations are being expertly managed.