Who can use our services?
At Twilight Services Limited, our mission is to make accounting and financing simpler, more transparent, and more empowering for everyone. Whether you’re a passionate freelancer, a founder on the cutting edge, a growing small business, or a major enterprise, we tailor our UK-focused financial expertise to your specific needs—so you can stay focused on what truly matters: building your future.
Understanding Business Structures
Sole Trader
As a sole trader, you’re the single owner of your business. This structure is simple to set up and gives you full control. However, it also means you’re personally responsible for all liabilities and debts. Our services help sole traders keep meticulous records, manage tax obligations, and plan for future growth—all while ensuring your personal and business finances are clearly separated.
Partnership
In a partnership, two or more individuals share the ownership and responsibilities of the business. Partnerships allow for shared decision-making and the pooling of resources. That said, partners are jointly and individually responsible for any liabilities incurred by the business. We assist partnerships with clear financial reporting, equitable expense management, and strategic planning to keep all partners aligned and compliant with HMRC regulations.
Limited Liability Company (LLC)
A limited liability company (often referred to as a limited company in the UK) provides a separate legal identity from its owners, meaning personal assets are generally protected from business debts. While this structure involves more complex administration and regulatory requirements, it offers credibility and tax planning opportunities that are beneficial as your business grows. We support LLCs with comprehensive bookkeeping, statutory filings, and robust financial planning to maximize your benefits while maintaining full compliance.
Before diving into our specific services, it’s important to understand the three main business structures we help our clients navigate:
Core UK Accounting & Financial Services
Bookkeeping & Accounts Preparation
Maintain accurate daily records, whether you’re a sole trader, partnership, or limited company.Tax Compliance & Planning
From VAT and corporation tax to self-assessment, we ensure all filings are handled precisely and optimized for your business structure.Payroll & Pensions
Manage PAYE, National Insurance, and pension schemes seamlessly with expert support.Statutory Returns & Filings
Promptly handle all required documentation, including annual accounts and confirmation statements.Audit & Assurance
Deliver transparent audits that build trust and stakeholder confidence.Financial Consulting & Advisory
Develop strategic business plans, cash flow forecasts, and risk management strategies with industry-leading expertise.