Micro-entity accounts filing services in Ely

Micro-entity accounts for Ely limited companies

A micro-entity is a company that meets at least two of three limits: turnover up to £1 million, a balance sheet total up to £500,000 and no more than 10 employees. If your Ely company fits, you can use the simplified micro-entity regime, with a shorter balance sheet, fewer notes and less detail on the public record.

Micro-entity accountants for Ely businesses: local facts

Ely is in the East Cambridgeshire council area, in the East of England region. In East Cambridgeshire, 3,705 of the 4,140 VAT- and PAYE-registered businesses in the 2026 ONS count have fewer than ten employees, around 89%. If you run a company in Ely, you are in good company.

The largest groups of micro businesses in East Cambridgeshire are construction (710), professional, scientific and technical services (565) and wholesale and retail (435). If you work in construction in Ely, Construction Industry Scheme deductions, retentions and stage payments can distort profit, so we reconcile your CIS statements before the accounts are prepared. That puts construction at 19% of the local micro-business base.

Zooming in, the ONS neighbourhood area around Ely (East Cambridgeshire 004) has 515 VAT- or PAYE-registered businesses, and 415 of them (81%) are micro businesses.

East Cambridgeshire ranks 933 of the 1105 areas we serve by number of micro businesses, and its micro share of 89% is in line with the 89% average across them. In professional, scientific and technical services (565 micro businesses in East Cambridgeshire), fee income, work in progress at the year end and how directors are paid are the key decisions, so we plan these with you before the accounts are finalised. In wholesale and retail (435 micro businesses in East Cambridgeshire), closing stock and the VAT treatment of different product lines are the usual pressure points, so we value stock carefully and check your VAT records.