Recruitment Accountants
Accounting for the Recruitment Industry
Recruitment is fast-paced. Whether you’re placing staff and contractors from your kitchen table or running a team of 10 across multiple desks, your focus is on placements, pipelines, and profitability - not paperwork
At Launch Accounts, we specialise in accountancy services for recruitment businesses, giving you the financial clarity and control you need to grow with confidence. From day-to-day bookkeeping to big-picture financial strategy, we’re here to help you run lean, stay compliant, and maximise your margins.
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We understand how recruitment businesses operate - from the unique revenue models to the unpredictable cash flow that comes with placements and contractor cycles.
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We know that visibility over your margins and performance is key to scaling successfully. That’s why our service is designed to support every stage of your journey, helping you reduce overheads, boost profitability per placement, and make informed decisions with confidence.
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And when you're ready to grow, we’re by your side with strategic support on hiring, expansion, and structuring your business for long-term success.
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Our services for recruiter include:
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Full bookkeeping & management accounts - So you always know exactly where you stand, financially.
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Cash flow forecasting & profitability analysis - Helping you plan and avoid cash shortfalls.
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VAT returns and compliance - Including advice on flat rate vs standard schemes and overseas placements.
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Payroll & pensions - We take care of payroll for your internal team and provide expert advice on contractor and temp payment structures - from IR35 guidance to streamlining your external processes
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​Tax planning & self-assessment - Making sure you keep more of what you earn, and pay what you should, no more.
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Just Getting Started?​
We love working with brand-new recruitment businesses, and we know how overwhelming those early steps can feel. Launch Accounts offers full company incorporation services, helping you register your limited company, get set up with HMRC, and make sure everything is in place from day one.
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We’ll walk you through what you actually need (and what you don’t), guide you on how to pay yourself tax-efficiently, and make sure you start with systems that scale.
No jargon. Just practical, clear advice tailored to recruiters taking the leap.​
Contractors & IR35
Off-payroll working rules, IR35 assessments, and avoiding HMRC penalties
Client Invoicing
Invoicing, manage credit terms, and improve cash flow for smoother ops.
Recruitment Payroll
Payroll for temps and perm staff, PAYE, pensions, and National Insurance.
Agency Growth
Support expanding, launching new verticals, or scaling to multiple locations.
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What are year-end accounts, and why are they important?Year-end accounts are a summary of your company’s financial activity over the accounting period. They include a profit and loss statement and a balance sheet. These reports are required for compliance with Companies House and HMRC and help businesses assess financial performance and tax obligations.
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When do I need to file my accounts with Companies House?Limited companies in the UK must file their annual accounts within 9 months of the company’s financial year-end. Filing late can result in penalties, so it’s essential to work with a reliable accountant like Launch Accounts to meet deadlines.
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What cloud accounting software do you recommend?We specialise in Xero (but can also work with other cloud accounting software) and work with businesses already using the platform to optimise their accounting processes. As Xero experts, we ensure your financial records are accurate, compliant, and efficient, helping you get the most out of cloud accounting. If you're currently using another system, we also provide seamless migration to Xero, ensuring a smooth transition with minimal disruption to your business. With automated bank feeds, real-time financial insights, and effortless tax submissions, cloud accounting makes managing your finances easier than ever.
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What’s included in your year-end accounts service?Our year-end accounts service includes: Preparation of financial statements (profit & loss, balance sheet) Companies House submission Corporation tax return (CT600) filing with HMRC Cloud accounting support for Xero Tax efficiency advice to help minimise liabilities Year-end accounts virtual meeting
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How can I switch my accounting to Launch Accounts?Switching to Launch Accounts is seamless. We handle everything, from liaising with your previous accountant to registering as your Agent with HMRC. Many clients worry that changing accountants will be complicated, but the process is straightforward, and your current accountant is required to provide the necessary information. We make the transition smooth, ensuring minimal disruption while keeping your accounts compliant and up to date.
Start the Conversation
Need a hand with your recruitment accounts? Give us a shout!
Ready to wrap up your year-end accounts? Launch Accounts makes it easy with expert support and seamless integration with Xero. Get your finances in order and stay compliant without the stress – contact us today and let’s get started.