Business Details
50+ Years
experience
Trusted Accounting Services in Wombourne
Established in 1971, J Lochhead & Co & Co Accountants has provided tailored accounting solutions to businesses and individuals in Wombourne and surrounding areas for over five decades. Our family-run practice combines extensive industry experience with a commitment to delivering professional, cost-effective services. We specialise in accounts preparation, tax advisory, payroll management, and VAT compliance, adapting our offerings to meet each client's unique requirements. Our team prioritises personal relationships, ensuring continuity through direct access to experienced professionals. We offer flexible support ranging from annual returns to comprehensive financial management services, maintaining competitive pricing without compromising quality.With a proven track record of supporting clients from business inception through retirement, we focus on long-term partnerships built on trust and expertise. Our distinctive approach includes providing in-house financial controller services, offering strategic guidance without full-time employment costs. Regular client consultations ensure our services evolve with changing needs, while our local market knowledge enhances service delivery. We maintain transparency in all dealings, with no hidden fees and clear communication throughout our engagement. This dedication to personalised service has fostered enduring relationships with clients since our founding.
Services
Accounts Preparation
Book-Keeping
VAT Returns
Payroll Services
CIS Contractors
Self Assessment
Corporation Tax
Business Start-Up Advice
Financial Management
Tax Consultation
Details
- Year established: 1971
Highlights and features
- We have over 50 years of continuous service in Wombourne
- Our family-run team maintains personal client relationships
- We offer free initial consultations for all new clients
- We provide outsourced financial controller services at competitive rates
- Our team combines practice and industry experience
Services
Accounts Preparation
We prepare statutory accounts for sole traders, partnerships, and limited companies, ensuring compliance with HMRC and Companies House requirements. Our service includes detailed financial statement preparation, corporation tax computations, and audit-ready documentation. Clients benefit from accurate, timely reporting that meets all regulatory standards while gaining clear insights into their financial position.
VAT Returns
Our VAT services cover return preparation, submission, and advisory support for businesses of all sizes. We handle standard and complex VAT scenarios, including partial exemption calculations and international transactions. Clients receive proactive guidance on VAT-efficient strategies while maintaining full compliance with HMRC regulations through our meticulous submission process.
Payroll Services
We manage full payroll processing including salary calculations, tax deductions, and real-time information submissions. Our service incorporates PAYE scheme management, auto-enrolment pension compliance, and year-end reporting. Businesses benefit from accurate, timely payroll processing that minimises compliance risks while ensuring employee payment accuracy.
Business Start-Up Advice
We provide comprehensive guidance for new businesses including company structure selection, registration with HMRC and Companies House, and initial tax planning. Our support covers business plan development, cashflow forecasting, and regulatory compliance requirements. New entrepreneurs gain essential insights to establish their ventures on a solid financial foundation.
Financial Management
Our outsourced financial controller service delivers strategic oversight including budgeting, financial planning, and performance analysis. We provide cashflow management, business improvement strategies, and compliance monitoring tailored to each client's operational needs. Businesses access expert financial leadership without full-time employment costs.
People
John Lochhead
Founder
John established the practice in 1971, combining industry experience with professional expertise. He developed the firm's client-centric approach, focusing on long-term relationships and practical financial solutions for local businesses.
Andrew Lochhead
Director
Joining in 1987, Andrew brings extensive experience in business advisory and tax planning. He specialises in supporting SMEs through growth phases and retirement transitions while maintaining the firm's personal service ethos.
Chris Lochhead
Director
Chris contributes specialist knowledge in financial reporting and compliance. With over 30 years' experience, he ensures technical excellence across accounting services while maintaining direct client engagement for continuity of service.
Questions
What accounting services do you offer?
We provide accounts preparation for sole traders, partnerships, and limited companies, plus VAT returns, payroll services, CIS contractors support, self-assessment, corporation tax returns, and business start-up advice.
Do you offer free initial consultations?
Yes, we provide free initial consultations to understand your specific requirements and recommend appropriate services tailored to your business needs.
Can you act as an outsourced financial controller?
Yes, our experienced team offers outsourced financial controller services, providing strategic guidance and compliance support without the cost of a full-time employee.
How long have you served the Wombourne area?
We've provided accounting services in Wombourne since 1971, maintaining long-term relationships with clients through consistent, reliable professional support.
What makes your practice different from larger firms?
As a family-run practice, we offer direct access to experienced professionals, personalised service, and flexible solutions while maintaining the same standards as larger accounting firms.
