HyperGrowth Recruitment — Streamlined Accounting & Payroll for a Fast-Growing Search Agency
Whether your multisite business or a single site business in the professional services sector, you could benefit by outsourcing your finances to Virgate
HyperGrowth Recruitment — Streamlined Accounting & Payroll for a Fast-Growing Search Agency
The Client
HyperGrowth Recruitment is a specialist search firm focused on the e-commerce and consumer goods scale-ups. They partner with companies to attract high-performing talent for a range of functions (strategy, commercial, marketing, etc.), delivering talent acquisition at senior and executive levels.
The Challenge
As the business grew, managing the back-office financial and compliance side got more complex. They needed reliable support for:
- regular bank reconciliations,
- monthly payroll for staff,
- submitting VAT returns on time,
- annual statutory accounts & tax returns, including director tax returns, and
- occasional one-off items (e.g. changes in shareholding).
They wanted confidence that this side of things was handled properly so they could focus on growing their recruitment operations without worrying about missing deadlines, compliance risk, or inefficient admin.
Our Solution
Virgate provides a full suite of accounting services to cover HyperGrowth’s needs:
- Monthly bank reconciliations to keep financial records in order.
- VAT returns submitted accurately and on time.
- Payroll handled every month, ensuring staff are paid correctly and deductions are dealt with.
- Annual statutory accounts and corporate tax returns prepared, plus director tax returns.
- Ad hoc support, for example handling a shareholder change when required.
The Results
- Reliable compliance: VAT, tax, payroll deadlines met without the business having to chase or worry.
- Reduced admin workload: HyperGrowth’s leadership spends less time dealing with accounting and more time growing the business and engaging with clients.
- More accurate bookkeeping and financial visibility, making it easier to make strategic decisions.
- Peace of mind: knowing that one-off events like shareholding changes are also handled professionally.
Client Feedback
‘Virgate have been an amazing support on my journey as I’ve scaled HyperGrowth, from early advice (when setting up the business) to running my accounts & finance needs whilst we scaled. They’ve been a big player in allowing me to focus on the business, knowing my accounts were well looked after. Virgate are a key partner for us at HG and it’s great to have them by our side!’ Sam Mendes, Director
Contact us today to find out more on how we can save your business time and money
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