Thompsons The Accountants

About Thompsons The Accountants

Based in Douglas, this chartered accountancy practice is led by its principal, Liam Thompson, a Fellow of the Institute of Chartered Accountants in Ireland who previously worked with firms linked to a major international network before starting his own practice. The firm deliberately keeps a small client list so each owner-managed business receives close attention, and it positions itself as an outsourced finance director for small and medium-sized companies. Work spans bookkeeping, statutory accounts, audits, payroll, personal and business tax, VAT and trusts, alongside business planning, benchmarking and valuation support. Clients come from manufacturing, retail, construction, agriculture, property, transport, technology and professional services. Fixed, fully inclusive fee agreements are a stated feature, and a free first consultation is offered. The site presents no dedicated section for overseas or non-resident clients, so the offer is aimed mainly at Manx and UK-linked local businesses.

Services

Company formation covers off-the-shelf and tailor-made companies, LLPs and PLCs, with same-day incorporation possible, director and secretary appointments, subscriber shares, minutes, registered office, corporation tax registration, PAYE set-up and help opening a bank account. Ongoing support includes company secretarial administration, bookkeeping, management accounts, accounts preparation, audits, payroll, VAT registration and returns, personal tax, tax enquiries, IR35 work for contractors, business plans and raising finance.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✓ Audit: offered
• ✓ Bank account assistance: offered
• ✕ Residency and visas: not listed
• ✓ Corporate secretarial: offered
• ✓ Virtual office: offered

Published prices

• Fixed-price agreements offered
• no prices published

As published by the firm. Prices change; the firm's quote is what counts.