Discover why 170 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
• Beyond Accountancy
• World Class Accounting
• Meet The Team
• Our Culture
• Testimonials
• Trustpilot Reviews
• Join Our Team
More Than Just Accountants
At Nordens, we're more than just accountants - we're business experts who can help you achieve your biggest goals.
Get in touch today to discover how Nordens can revolutionize your business.
Discover why 170 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
• Accounting
• Auditing
• Bookkeeping
• Business Turnaround
• Capital Gains
• Company Tax Returns
• Construction Industry Scheme
• Corporate Finance
• Digital Transformation
• Enterprise Investment Scheme
• HR Services
• Inheritance Tax
• Management Accounts
• Payroll
• Seed Enterprise Investment Scheme
• Self Assessment
• SRA Audit
• Statutory Accounts
• Strategic Coaching
• Tax Auditing
• Tax Computations
• VAT Returns
• Workplace Pensions
View all Nordens Services
Discover why 170 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
• Agriculture
• Creative & Media
• Construction & Real Estate
• Franchise
• Healthcare
• Property
• Recruitment
• Retail
• Sports & Entertainment
• Transport & Logistics
• Hospitality & Leisure
• Charity & Not-For-profit
• Independent Professional Sector
Discover why 170 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
Discover why 170 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
Discover why 170 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
Get In Touch
02085300720
enquiries@nordens.co.uk
The Retreat, 406 Roding Lane South, Woodford Green, IG8 8EY
Looking For Someone In Particular?
View Our About Page
Retail Sector Accounting
World class accounting from award winning chartered accountants you can trust
Accounting For The Retail Sector
Unsurprisingly, the retail industry is the biggest employer in the entire of the UK. In fact, retail sales reached £381 billion last year. It’s clear that this sector is important to the economy, and needs an accountant to manage each business’s finances effectively.
However, a massive threat is clouding the industry, preparing to change the way we trade forever. A shift from high-street shopping to online orders has changed the way consumers shop, how much they spend and how they behave financially. In fact, the heavy increase in cheap, international trade looks to drive down the economic value of UK goods permanently.
It’s important, now more than ever, that companies hire chartered accountants to manage and asses their finances.
Here at Nordens, we understand that the recent shift in consumer habits makes the ongoing evaluation of finances more essential than ever. Not only is the cost of labour and product importation more expensive, but the demand for low prices and fast delivery is the highest it’s ever been. Businesses are being forced to drop prices, whilst paying more in operating costs, to ensure people don’t cease trading with them.
Obviously, falling sales and higher costs are detrimental to both the industry as a whole and individual business. We want to work with you to combat this global issue. We’ll assess your current business plan and financial situation to see what costs we can reduce instantaneously. Beyond that, we can reorganise your budget to leave you with enough profit to reinvest into attracting more customers to your business.
Retail Accounting With Nordens
The retail sector is more competitive than ever, you need to be able to stand above the rest. Whether you’re a well-established luxury brand or a first-time small business owner, we have the industry know-how and experience to help you. We understand that you need more than advice to battle the complexities of modern trading, you need actionable steps too. Whether it’s legal support or business strategy advice you need, we’ll go above and beyond to help.
We Understand The Retail Sector
You can rightfully assume that the Nordens team is full of retailing experts. After all, it is one of the biggest industries in the world. In our many years working with businesses like yours, we’ve seen it all. In fact, there isn’t a problem that we haven’t faced yet. From issues regarding audits for the industry giants to problems processing payroll for local corner shops, Nordens have solved it all. The size and age of your company don’t matter to us – we guarantee that we have the appropriate team to help you.
Our Retail Sector Experience
We started working with companies in the retail industry long before online shopping took off. We’ve seen both the rise and fall of the profitability of each area of the industry and the financial impact of consumer trends. Nordens have spent decades facing new problems, brought forward by advancements in technology and the way we shop. The quick-thinking of our accountants has been saving and reshaping businesses for over 20 years now. It’s time we saved yours too.
Retail Sector Focused Accounting
Complete accountancy and bookkeeping services for the retail sector
Your proactive team includes your own dedicated accountant and bookkeeper to ensure your business is running smoothly.
Payroll for directors and employees
Dedicated accountant and bookkeeper
Incredibly Fast response times
Voted as EXCELLENT – 9.9 out of 10 based on 164 reviews
Chris Dyer
Director – Metro Bank
Nordens are always very easy to deal with and extremely professional and efficient. I would have no hesitation in recommending them to my clients for their accountancy needs, no matter how complex they may be.
Simon Cushing
Founder – Vivid Finishes
We have used Nordens for the last 5 years and have had a great service throughout. The guys are very passionate about what they do and have played a part in the growth of our company, highly recommended.
Christopher Wilce
Founder – Dataphone
Having worked with Nordens over the last 5 years, not only to look after my annual accounts but they have also provided outstanding professional advice. They have guided me through a Company share buyback with clear and objective advice.
Retail Sector Business Services
At Nordens, we’re proud to say that we’re equipped to deal with every aspect of accounting – no matter how complex. Why not explore our extensive catalogue of services below.
Employee
Payroll
Administrative duties could be tedious and time-consuming. Hence, we always recommend that time is spent doing other obligations in the business. While we are fully aware that prompt settlement of staff and other expenses related to their…
Bookkeeping Services
Every business, irrespective of the organisational structure, has to carry out bookkeeping functions. This is beyond recommendation as it is highly important. This is because, with adequate bookkeeping, a business firm will be able to keep…
VAT
Returns
Value Added Tax Returns are to be presented to HM Revenue and Customs (HMRC) every accounting period (precisely three months). Whether you have VAT to pay or not, you still need to do this. Contained in the VAT returns are…
Workplace
Pensions
No matter how long one may be in a company’s service, retirement will surely come. You will end up as a retiree who has to depend on a pension. Well, a workplace pension is a good way to start preparing for retirement. It will help…
Company
Tax Returns
Company Tax Returns are tax assessments levied on the profits made by a company. As a separate legal entity, every company is required by legislation to file for and pay company tax returns. Company tax returns are paid…
Beyond Accountancy
At Nordens, we're more than just accountants - we're business experts who can help you achieve your biggest goals.
Our specialist strategic division at Nordens boasts some of the leading entrepreneurial business minds in the country. We cater towards delivering consistent success stories, whilst helping businesses achieve above and beyond their initial goals.
Through highly-tailored guidance, coaching and advice, Nordens Strategic are able to define exactly how your business can reach new levels of success.
Regardless of how you define ‘success’ for your business, our strategic service is guaranteed to bring about real and lasting change. By partnering with some of the UK’s top business coaches, we’ll steer you along the path to a greater future.
Every business, no matter how big or small, needs to make the right decisions, and how to best manage your accounts can put huge question marks over your business. Accounting2You is here to take that pressure off and provide you with all the answers you need.
Our bookkeeping branch offers a fully inclusive, comprehensive service that you can trust. Since 2005, our specialist bookkeepers have been successfully managing the accounting of both individuals and small businesses.
With experts in payroll analysis, credit control and financial recording, Accounting2You will lead your business efficiently, and with real purpose, towards a prosperous future.
Voted as EXCELLENT - 9.9 out of 10 based on 174 reviews
<
Chris Dyer
Director - Metro Bank
Nordens are always very easy to deal with and extremely professional and efficient. I would have no hesitation in recommending them to my clients for their accountancy needs, no matter how complex they may be.
>
Latest News
We've always got our ears to the ground when it comes to interesting, useful and topical information relating to business and accountancy.
IR35 Changes – The…
IR35 Changes - The Complete Guide HMRC have notified us that there will be changes to the IR35 rules in April 2020. They bid to crack down on “disguised employment” and implement fines for the non-compliant. This i...
Are You Paying The…
Tax code wrong? It could be doing more damage than you realise Studies show that around nine million (yes 9,000,000) people are currently paying either too much or too little tax. This equates to around £4bn a year because o...Nordens TV
We love making videos that break down convoluted accountancy jargon into plain-talking, actionable and accessible facts.
Sole Trader Or Limited…
Although the sole trader route, which is commonly referred to as being self employed, is the most popular way of running a business in the UK, there are significant advantages of operating as a limited company. In this video, ...
Merry Christmas From The…
Merry Christmas from the Team at Nordens. Hard work and fun make the world go around… that’s certainly true at Nordens! As the decade closes, we'd like to take this opportunity to wish you happiness, success and prosperity f...Why I Founded Nordens
In November 2002, having sold our other business interests off earlier in the year, I decided to set up Nordens Chartered Accountants. The easy part was knowing how to do it, as I had established and built a smaller practice a few years earlier. The difficult part, for me, was not following the traditional accountancy path. Having run businesses, both successfully and unsuccessfully, I wanted to help business owners resolve their short term problems and work with them to achieve their longer term goals. Business has always been my interest and I love that I can help business owners achieve what seems like the impossible every single working day.
Mark Norden
Founder
