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If you have got questions, we have the answers. Just send us a message and one of our accountants will be in contact with you within 48hrs – even on weekends and holidays.

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    Stop By Anytime

    We are open: Monday to Friday from 9am to 7pm and Saturday from 10am to 5pm

    18 - 20 East Street
    Bromley, BR1 1QU

    At Adiva Accountants all initial consultations are free of charge, so contact us today.
    For quality, competitive, and friendly accountancy services, please contact

    Adiva Accountants

    on 020 8313 9117 or via email at contact@adivaaccountants.co.uk.

    At Adiva Accountants we have the knowledge and the experience to provide you with the kind of accounting and tax services that you are looking for. At Adiva Accountants we look forward to discuss with you, without obligation, ways in which we may be able to help your personal or business needs.

    Alternatively, you can complete the contact form here and we will respond as soon as possible.

    Directors of Adiva Accountants have over 10 years’ experience of providing accountancy services. They have completed Bachelor and Masters degrees in Accountancy, Taxation and Business Management. Additionally, they have completed various accountancy qualifications such as ACCA, AAT, etc. So, they hold various accountancy degrees and qualifications up to chartered certified accountant.

    They can advise you on many other things, such as how to get the best price when you come to sell your business. Or on how to satisfy the banks conditions when you need help with finance. Or on how to keep creditors, insurers and suppliers happy, etc. Their expertise covers income tax, capital gains tax, corporation tax, VAT, payroll and many more.

    They can help with dealing with Inland Revenue investigations also.


    Parking

    There are parking bays right in front of the office, please be careful not to park in loading bays. Parking costs £1.90 per hour (maximum stay 2 hours). Alternatively, you can park in Sainsbury’s car park, which is just 1 minute walk away from the office. Parking there is completely free for 30 minutes and would be free for up to 2 hours provided you spend £10 in Sainsbury’s. Our office is at 18-20 East Street, Bromley BR1 1QU, which is opposite of O’Neill’s pub and TruGym.

    Alternatively, there is a big car park (1,500 spaces) in the INTU Bromley Shopping Centre (formerly The Glades). Parking costs £1.10 per hour for every day of the week. The shopping centre car park address is: The Glades, High Street, Bromley, BR1 3EF.


    By car

    If you drive to our office in Bromley, please enter this address in your Satnav 18-20 East Street, Bromley, BR1 1QU. From Orpington, you can take A232, then A21. From Beckenham, you can take A222. From Eltham, you can take A208B226A2212, then A21. From Lewisham and Catford, you can take A21. From Croydon, you can take A232A233, then A21. From Kent, you can take A21. From North and East London, you can take the Blackwell tunnel southbound, A2A2213A20South Circular RoadA2212, then A21. From West London, you can take South Circular Road to Catford, then A21.


    Public transport

    We are situated in Bromley East Street, which is served by Bromley South and Bromley North train stations, they are about 5-10 minute’s walk away oesterreichischeapotheke.com/. There are direct trains from London Victoria, London Bridge and London Blackfriars to Bromley South station. Bromley South is connected by direct trains to major towns around London and in Kent such as St Albans, Orpington, Sevenoaks, Ashford, Gillingham, and Ramsgate.

    The main bus routes serving Bromley High street are 61, 119, 138, 146, 208, 227, 246, 261, 269, 320, 336, 352, 354, 358, and 367.

    Chartered Certified Accountants       Call us: 020 8313 9117 contact@adivaaccountants.co.uk
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    What types of finance are available?

    General finance

    There are many types of finance available, but it is important to find one that is right for your business. Choosing a wrong type of finance can hinder a growing business.

    The most available sources of finance include bank overdrafts and medium to long term loans and mortgages. Be aware that rates of interest can vary considerably depending on the type of finance. Therefore, we advise you to consult with a professional adviser before making your final decision.

    Specific finance

    There are specific methods of finance available for acquiring assets or releasing cash from debtors. You should consider the options available which include:

    • leasing assets
    • hire purchase
    • outright purchase
    • debt factoring
    • invoice discounting

    Each of these funding methods have advantages and disadvantages including implications for tax purposes.

    Other finance

    There are other means of finance available for your business from:

    • government sources
    • the issue of shares or
    • your own pension scheme

    Government sources can be in the form of grants, loan guarantees or an enterprise capital fund on a regional or local level. The British Business Bank is a government owned company which aims to make finance markets work better for small businesses. It works with over 80 partners such as banks, leasing companies and venture capital funds.

    Another option to consider is raising finance by issuing shares to investors.

    Security

    The lender will always require some form of security before offering the finance. However, the level of security sought may vary considerable and you should beware if the lender is asking for unreasonable guarantees.

    Fixed and floating charges

    The banks usually secure their loans and overdrafts by way of a fixed charge over land and buildings. Or with floating charges over other assets of the company such as stock and debtors.

    Personal guarantees

    For businesses with insufficient assets little security may be available. In these circumstances the security will be given in the form of personal guarantees. You should take extreme care before signing the personal guarantees, particularly the unlimited ones. This as it can be very difficult to amend them at a later stage and many borrowers have suffered as a consequence. It will be better if the personal guarantees are limited by time or amount.

    General

    Another way is to use other assets as collateral such as life insurance policies or by taking a second mortgage over your home. Whichever type of security pledged, it should be carefully considered and professional advice sought.

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