Soaring Falcon Accountancy Market Research Report
Company Overview
Name
Soaring Falcon Accountancy (SFA)
Mission of the Company
Soaring Falcon Accountancy aims to provide innovative accounting solutions by leveraging high-end technology and adopting successful models from other thriving companies to help small businesses grow and succeed in the UK market. They focus on reducing manual tasks to enable clients to focus on their business operations.
Founding Information
- Founded: 2015
- Founders: Not specified
- Headquarters: 20 - 22 Wenlock Road, London, N1 7GU
Key People
No information is available regarding key personnel.
Number of Employees
No information is available regarding the number of employees.
Revenue
No information is available on the company's revenue.
Specialization
Soaring Falcon Accountancy is known for its proactive adoption of cutting-edge technology, establishing itself as a pioneer in the accounting profession, with a focus on serving high-growth SaaS technology companies.
Products
Overview
Soaring Falcon Accountancy offers a variety of services designed to assist businesses, particularly tech startups, in managing their accounting and financial processes efficiently.
Product Details
1. Virtual Financial Director
- Description: Provides financial oversight without the need for a full-time finance director.
- Key Features:
- Financial accuracy and improvement advice.
- Guidance during important meetings.
2. Accounts Preparation
- Description: Ensures compliance with accounting and tax regulations.
- Key Features:
- Reconciles Xero figures.
- Digital signature capability to reduce paperwork.
3. Payroll
- Description: Manages payroll services for clients.
- Key Features:
- Monthly payroll and CIS handling.
- App for payslip access and time-off requests.
4. UK Set Up - Techs
- Description: Assists overseas startups in setting up in the UK.
- Key Features:
- Legal compliance.
- Banking support for trading commencement.
5. Business Development Plans
- Description: Assists in creating comprehensive business plans.
- Key Features:
- Development of objectives, culture, and systems.
6. Cashflow Forecasting
- Description: Provides tools for cashflow management and forecasting.
- Key Features:
- Tailored forecasting tools.
- Growth facilitation.
7. Fintech - Research & Development
- Description: Expertise in securing R&D tax credits.
- Key Features:
- Assistance with tax credit claims.
8. VAT Returns, Review, and Submission
- Description: Manages VAT returns for growth companies.
- Key Features:
- Tracking VAT receipts and ensuring correct charges.
- Submission to HMRC.
Recent Developments
No specific recent developments, new products, features, or partnerships have been noted in the data provided.
Partnerships
Soaring Falcon Accountancy works with a variety of partners, including:
- Xero Accounting
- Dext
- Capitalise
- Tide Banking
- Starling Bank
- WorldFirst
- Stripe
- Shopify
These collaborations enable clients to leverage sophisticated tools for financial management and operations.
Awards and Achievements
Notable Achievements
- Wenta, Woman and Broadband - 'Most Outstanding Achievement' (2016)
- 2020 Innovation - 'Best New Cloud Practice' (2017)
- Xero's - 'Most Valued Professional' (2017)
- British Accountancy Awards - 'Best New Practice' (2018)
- Ignitions 'Top 50 Women In Accounting' (2018, 2021)
- ACCA 'Most Outstanding Achievement' (2018)
- Women in Accounting Role Model of the Year (2020)
- Business Innovation (2020/2021)
Additional Recognition
- Shortlisted for 'Innovative and Digital Firm of the Year' - Accounting Excellence 2020
- Bedford Business of the Year 2020
Conclusion
Soaring Falcon Accountancy is a dynamic and technology-driven accounting firm that focuses on leveraging cutting-edge tools to provide comprehensive financial solutions to small businesses, particularly within the high-growth SaaS sector. Their strategic partnerships and recognition in the industry underscore their commitment to innovation and growth in the financial services domain.