Business Details
21 Years
experience
Trusted Accountancy Services in Newry
Established in 2005, P M K Accountancy Services is a leading accountancy practice based in Newry, Northern Ireland. Our team of 14 professionals, with over 100 years of combined experience, specialises in providing tailored accountancy, tax compliance, and business consultancy services to businesses across the island of Ireland. We focus on sectors such as retail, agriculture, manufacturing, and transport, offering expertise in Making Tax Digital (MTD), management accounts, payroll services, and VAT compliance.Our approach combines sector-specific insights with advanced accounting software solutions, ensuring clients receive timely, accurate financial information and strategic advice. We prioritise building long-term relationships, delivering compliance, cost-efficiency, and tax optimisation while maintaining core values of professionalism, integrity, and reliability. Our team continuously updates their expertise in accountancy, tax, and sector regulations to keep clients ahead of industry changes.
Services
Making Tax Digital
Management Accounts
Payroll Services
Consultancy
Year End Accounts
Business Plans
Tax Planning & Compliance
VAT Compliance
Company Secretary Services
Book Keeping
Details
- Year established: 2005
Highlights and features
- We offer over 100 years of combined experience in accountancy and sector-specific expertise.
- Our tailored services address unique business needs across retail, agriculture, and manufacturing.
- We utilise advanced accounting software (Sage, Xero, Intact) for efficiency and accuracy.
- Our team provides proactive tax planning and compliance support for UK and ROI businesses.
- We prioritise client relationships with a focus on compliance, profitability, and tax efficiency.
Services
Management Accounts
Our management accounts service delivers timely, accurate financial insights tailored to business needs. Using bespoke templates, we provide monthly or quarterly reports including profit & loss statements, balance sheets, and cashflow analysis. This enables informed decision-making and performance benchmarking, particularly for retail businesses seeking to optimise profitability and operational efficiency.
Payroll Services
We offer comprehensive payroll processing, ensuring compliance with tax and employment regulations. Services include payslip generation, BACS payments, statutory returns, and auto-enrolment pension administration. Outsourcing payroll to our team saves time, reduces errors, and ensures adherence to evolving legislative requirements for businesses of all sizes.
Making Tax Digital
We assist businesses in transitioning to HMRC's Making Tax Digital requirements. This includes software selection, digital record-keeping implementation, and VAT return submissions. Our support ensures compliance with MTD for VAT and prepares clients for future tax digitalisation mandates, minimising administrative burdens and penalties.
Tax Planning & Compliance
Our tax services cover corporation tax, VAT, PAYE, and personal tax compliance. We provide strategic tax planning to identify savings opportunities, including capital gains, inheritance tax, and R&D relief. Clients receive tailored advice to ensure compliance while optimising tax efficiency across UK and ROI jurisdictions.
Company Secretary Services
We handle statutory compliance requirements, including company formations, annual returns, and board meeting minutes. Our services ensure adherence to corporate governance standards, allowing businesses to focus on operations while maintaining legal and regulatory compliance for UK and Irish companies.
People
Paddy McKeown
Director
Paddy founded PMK in 2005 with a First Class BA in Accounting & Finance. He specialises in retail sector accounting, focusing on internal controls and performance measurement. His expertise ensures clients achieve operational efficiency and maximised profitability through strategic financial management.
Frank Shields
Director
An FCA with over 20 years' experience, Frank provides audit, tax compliance, and business consultancy. He previously served as Financial Controller in food manufacturing, bringing industry insights to clients across sectors. His focus is on financial performance analysis and variance reporting.
Ross Flynn
Practice Manager
Ross, ACCA-qualified, manages client portfolios in retail and transport sectors. He oversees service delivery and client relations, leveraging his expertise in accounting standards and compliance to ensure tailored support for business growth and regulatory adherence.
Dermot Hughes
Accountant
Dermot, with 18 years at PMK, provides end-to-end accounting services. His experience spans financial reporting, tax compliance, and business advisory. He works closely with clients to implement internal controls and improve financial processes for sustained business success.
Sharon McKiverigan
Payroll Bureau Manager
Sharon leads our payroll team, managing complex payrolls and ensuring compliance with evolving regulations. Her expertise in payroll systems and tax legislation ensures accurate, timely processing for clients, reducing administrative burdens and compliance risks.
Questions
What accounting software does PMK recommend?
We are Sage Business Partners and also support Xero and Intact. We assess your needs to recommend the best fit, ensuring compatibility with MTD requirements and operational efficiency.
How does PMK support retail sector clients?
We offer sector-specific expertise, including daily cash balancing systems, performance benchmarking, and retail network insights to improve profitability and operational controls for shop-based businesses.
Can PMK handle cross-border tax compliance?
Yes, we provide tax compliance and planning for businesses operating across UK and Republic of Ireland jurisdictions, including VAT, corporation tax, and cross-border transaction advice.
What is included in your payroll service?
Our service includes payroll processing, payslip generation, BACS payments, statutory returns, pension auto-enrolment, and compliance with HMRC/Revenue Commissioners requirements for all business sizes.
How does PMK ensure compliance with MTD?
We implement compatible software, digital record-keeping systems, and submit VAT returns on your behalf. We also provide training and process adjustments to ensure full compliance with HMRC's MTD requirements.
Do you offer business advisory beyond accounting?
Yes, we provide strategic business planning, performance improvement programmes, cashflow management, and bespoke internal control systems to enhance operational efficiency and long-term growth.
