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Top Rated Chartered Accountancy Practice Based in Suffolk, United Kingdom. Providing Services for Bookkeeping, Taxation and Corporate Compliance.

26/10/2026

𝘾𝙖𝙨𝙝𝙛𝙡𝙤𝙬 𝙥𝙧𝙤𝙗𝙡𝙚𝙢𝙨 𝙧𝙖𝙧𝙚𝙡𝙮 𝙜𝙞𝙫𝙚 𝙮𝙤𝙪 𝙢𝙪𝙘𝙝 𝙬𝙖𝙧𝙣𝙞𝙣𝙜. 𝘼𝙧𝙚 𝙮𝙤𝙪 𝙡𝙤𝙤𝙠𝙞𝙣𝙜 𝟏𝟑 𝙬𝙚𝙚𝙠𝙨 𝙖𝙝𝙚𝙖𝙙?

When you only check your bank balance today, it’s easy to miss what’s coming next: late customer payments, committed bills, payroll or other costs that could put pressure on your business.

A 𝙧𝙤𝙡𝙡𝙞𝙣𝙜 𝟏𝟑-𝙬𝙚𝙚𝙠 𝙘𝙖𝙨𝙝𝙛𝙡𝙤𝙬 forecast helps you see the bigger picture before problems become urgent.

Here’s where to start:

𝙎𝙩𝙚𝙥 𝟏: Confirm your opening cash balance.
𝙎𝙩𝙚𝙥 𝟐: List expected customer receipts.
𝙎𝙩𝙚𝙥 𝟑: Map out committed payments.
𝙎𝙩𝙚𝙥 𝟒: Review flexible spending and calculate your closing balance.

One more thing: check your contracts, invoices and agreed payment terms. Your forecast is only as useful as the information behind it.

𝙒𝙖𝙣𝙩 𝙩𝙤 𝙗𝙪𝙞𝙡𝙙 𝙮𝙤𝙪𝙧 𝙤𝙬𝙣 𝙛𝙤𝙧𝙚𝙘𝙖𝙨𝙩?

𝘿𝙈 “𝟏𝟑𝙒𝙀𝙀𝙆” 𝙩𝙤 𝙜𝙚𝙩 𝙩𝙝𝙚 𝙩𝙚𝙢𝙥𝙡𝙖𝙩𝙚 and take a clearer, more proactive approach to managing your business cashflow.

Save this post for your next cashflow review.

General guidance only. Check the current rules and your company’s circumstances before taking action.

24/10/2026

𝗬𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗰𝗮𝗻 𝗯𝗲 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗹𝗲 𝗮𝗻𝗱 𝘀𝘁𝗶𝗹𝗹 𝘀𝘁𝗿𝘂𝗴𝗴𝗹𝗲 𝘁𝗼 𝗽𝗮𝘆 𝗶𝘁𝘀 𝗯𝗶𝗹𝗹𝘀. 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗲𝗱?

Profit and cash tell two different stories.

📊 Profit shows whether your business is making money.

💰 Cash flow shows whether you have money available when payments are due.

Ignore either one, and you could miss an important warning sign.

Here’s a simple routine to start with:
✅ Review cash flow weekly.
✅ Check profit and margins monthly.
✅ Compare forecast cash with what actually reaches your bank.

𝗬𝗼𝘂𝗿 𝗻𝗲𝘅𝘁 𝘀𝘁𝗲𝗽? 𝗕𝘂𝗶𝗹𝗱 𝗮 𝗿𝗼𝗹𝗹𝗶𝗻𝗴 𝟭𝟯-𝘄𝗲𝗲𝗸 𝗰𝗮𝘀𝗵 𝗳𝗹𝗼𝘄 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝘁𝗼 𝘀𝗲𝗲 𝘄𝗵𝗮𝘁’𝘀 𝗰𝗼𝗺𝗶𝗻𝗴 𝗯𝗲𝗳𝗼𝗿𝗲 𝗶𝘁 𝗰𝗮𝘁𝗰𝗵𝗲𝘀 𝘆𝗼𝘂 𝗼𝗳𝗳 𝗴𝘂𝗮𝗿𝗱.

📩 Book a financial health review with Xact+ to understand what your numbers are telling you.

20/10/2026

𝗠𝗮𝗸𝗶𝗻𝗴 𝗮 𝗽𝗿𝗼𝗳𝗶𝘁, 𝗯𝘂𝘁 𝘀𝘁𝗶𝗹𝗹 𝘄𝗼𝗿𝗿𝗶𝗲𝗱 𝗮𝗯𝗼𝘂𝘁 𝗺𝗼𝗻𝗲𝘆? 👀💸

You’re not alone.

The sales are coming in. The numbers look good. So why does your bank balance still make you nervous?

𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝗽𝗿𝗼𝗳𝗶𝘁 𝗮𝗻𝗱 𝗰𝗮𝘀𝗵 𝗮𝗿𝗲𝗻’𝘁 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝘁𝗵𝗶𝗻𝗴.

You might be making money on paper while waiting for customers to pay. Meanwhile, payroll, supplier invoices and tax bills aren’t waiting around. 😅

So, what should you focus on?

📊 Both, but for different reasons.

💷 Check your cash flow every week so you know what you can afford.

📈 Review profit and margins every month to see how your business is performing.

🔍 Compare your forecast with your actual cash position and investigate any surprises.

A good starting point? Build a rolling 13-week cash flow forecast. It can help you spot potential shortfalls before they become urgent problems.

𝗗𝗼𝗻’𝘁 𝘄𝗮𝗶𝘁 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗯𝗮𝗻𝗸 𝗯𝗮𝗹𝗮𝗻𝗰𝗲 𝘁𝗼 𝘀𝘂𝗿𝗽𝗿𝗶𝘀𝗲 𝘆𝗼𝘂. 𝗚𝗲𝘁 𝗮𝗵𝗲𝗮𝗱 𝗼𝗳 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿𝘀.

📩 Book a financial health review with Xact+.

07/10/2026

One adviser. Multiple professionals. One coordinated plan.

When a company restoration involves accountants, solicitors and Crown correspondence, the process can quickly become fragmented.

That’s where clear coordination matters.

Xact+ can help keep the documents, evidence, correspondence and next steps organised, while regulated legal work remains with the appropriate solicitor.

Less duplication.
Clearer responsibilities.
One case plan.

Ask about coordinated case management.

General guidance only. Check the current rules and your company’s circumstances before taking action.

28/09/2026

Can a new company simply inherit the old company’s money? Not necessarily.

When a company is dissolved, questions around **bank accounts, assets and ownership of funds** can become more complicated than they first appear.

The key is to separate three things:

🔹 Position: Are the old and new companies separate legal entities?
🔹 Evidence: Who currently controls the account or asset?
🔹 Action: Do the legal entity details match the account and ownership records?

Before taking action, check the company’s **live Companies House status and dissolution date** and gather the relevant evidence, including statements, correspondence and ownership records.

If funds are involved, don’t assume that setting up a new company automatically transfers ownership.

**Need to understand what evidence may be relevant?**
DM **FUNDS** for an ownership checklist.

Save this post if you’re dealing with a dissolved company, frozen funds or questions about company assets.

General guidance only. Check the current rules and your company’s circumstances before taking action.

26/09/2026

Do all overdue filings have to be completed before restoration?

Not necessarily. The requirements can depend on the **restoration route, the company’s filing position and the instructions applying to the case**.

Before taking action, check:

✓ Overdue annual accounts
✓ Confirmation statements and penalties
✓ Corporation Tax records
✓ Registrar requirements
✓ Any court or legal documents

The important point is not to assume that every dissolved company follows the same filing sequence.

Start by checking the company’s **live Companies House status and dissolution date**. That gives you a clearer starting point for understanding what needs to happen next.

**Request a filings review.**

General guidance only. Check the current rules and your company’s circumstances before taking action.

23/09/2026

Seven company-restoration myths can waste more time than the restoration process itself.

When a dissolved company has money, assets, outstanding filings or banking issues, internet advice can make the situation even more confusing.

You may see claims like:

❌ “Just set up a new company.”
❌ “You can always use RT01.”
❌ “The bank will automatically release the funds.”
❌ “You don't need to deal with old accounts.”
❌ “Companies House is holding the money.”
❌ “Restoration is instant.”
❌ “Recovery is guaranteed.”

The reality is more specific.

How the company was dissolved, when it was dissolved, its current record, outstanding filings and the assets involved can all affect what happens next.

Before choosing a route, start with the facts:

✓ Check the live Companies House record.
✓ Confirm the dissolution date.
✓ Identify outstanding filings or consents.
✓ List any known assets or funds.

Don't let a confident internet answer determine your next step.

👉 Save this post before taking action and use it as your starting checklist when reviewing a dissolved company.

*General guidance only. Check the current rules and your company’s circumstances before taking action.*

16/09/2026

Dormant and non-trading don’t always mean the same thing.

It can be tempting to label a company based on what appears to be happening on the surface. But the correct position may depend on the company’s actual activity, bank movements and HMRC position.

Before making assumptions, look at the wider picture:

✓ What activity has actually taken place?
✓ What do the bank movements show?
✓ What is the company’s current HMRC position?
✓ Who currently controls the account or asset?
✓ Do the account details match the legal entity?

The practical step is simple: bring the relevant records together before deciding what the accounts position means.

Start by confirming your statutory deadlines in one calendar and building an evidence pack with the key records.

Need to know what records to gather?
DM ACCOUNTS for a records list.

General guidance only. Check the current rules and your company’s circumstances before taking action.

15/09/2026

Restoring a dissolved company is rarely just about filling in one form.

There may be overdue accounts, confirmation statements, tax filings, penalties, identity checks and other requirements to work through.

But there’s another important question:

Who currently controls the account or asset?

If money is held by a bank or digital platform, understanding the legal entity, account details and available evidence can be just as important as reviewing the company’s filing history.

Before taking the next step:

✓ Check the company’s live Companies House status and dissolution date.
✓ Gather ownership records, statements and correspondence.
✓ Map the outstanding compliance and documentation requirements.
✓ Identify what needs to happen next.

A complete picture helps you make a more informed decision.

Save the full compliance map for reference.

*General guidance only. Requirements and next steps vary depending on the company’s circumstances.*

14/09/2026

How much will restoring a dissolved company really cost?

The answer may involve more than one fee.

A restoration case can include official filing fees, overdue filing penalties, legal costs, professional support and charges from banks or payment platforms.

Some costs depend on the route your company needs to take. Others may only become clear after the relevant records and circumstances have been reviewed.

That’s why a single headline figure may not tell the full story.

Before you commit, ask:

✓ Which fees are official?
✓ Which costs relate to legal or professional support?
✓ Are there any third-party charges?
✓ Which costs are confirmed, and which may change?

A clear fee breakdown helps you understand what you’re paying for.

Need help understanding the costs involved in your case?

Ask for a **written fee breakdown** from Xact+.

General guidance only. Costs and requirements vary depending on the circumstances.

Address

GB
London

Telephone

+447763500273

Website

http://www.xactaccountants.co.uk/

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