“They allow you to spend more time working and less time doing your accounts.”
Q: What do you do and what do you like most about contract work?
A: I work across the media scene in London. I am primarily a director, I also edit and animate for film. I work in production on commercials and films that typically end up on tv or on the internet or for use by companies for a show, a product launch or a presentation. [Being freelance means] I can have some time on my own projects and dedicate time to my own creative art. When I work, I work very hard, but there is a good work life balance.
Q: What led to you choosing Meades Contractors?
A: Initially, I Googled them and noticed they were for contractors. I have to admit that I was a little sceptical because they were more expensive than my previous accountant. But one of the nice things is that they pushed me to do my accounts online. That integration is key for me. I do my invoices and track my time through their software. That helps me stay up to date on who’s paid me and who owes me money. I log on all the time to check my bank account, my tax timelines and if I have any debtors. I kind of chose them rather randomly but I’m staying with them most definitely. They’ve got some good customer service and they’re friendly.
Q: What do you like about working with them?
A: I really, really hardly ever think about my accounts. That’s what’s so nice about it. I probably spend no more than 10-15 minutes per week, including doing my invoices. That’s key for me – that I don’t have to spend any time on my accounts. They also ensure I stay tax efficient, legal and they do the payroll.
Q: How do you find the service?
A: Whenever I have a question or a worry, they’re happy to talk to me. I’m on a package where I can do that. I call them up about things like what’s tax deductible and what isn’t. I often ring them about whether I can take money out of the company. You pay more but I like that. I like the fact that my accountant isn’t clicking the stopwatch every time I ring.
Q: What are the main benefits for you of working with Meades Contractors?
A: If you’re established, you have a cash flow, and you really need to get your head down, they’re the guys to go to because they allow you to spend more time working and less time doing your accounts. If you have a lack of clarity on your accounts, they’re also the people to go to. If you’re thinking of setting up a limited company, I would definitely say these are the guys to help you make that transition and move forward really quickly.
Q: What about the added value?
A: They pushed me to use a business credit card – and now I don’t even have to keep receipts in the same way. It is updated automatically. For me, it’s just fantastic. It’s definitely something worth doing. I still regularly meet contractors who are doing stuff on their accounts in their downtime and I do say to them, doesn’t your accountant do all this? And they say no. So it’s very good. For me, this works.