Limited Review Companies in London: A Practical Overview
AC
Acumon Chartered Accountants·11 min read
This practical guide offers a clear overview of Limited Review companies operating in London. Rather than ranking them, we explore what these companies actually do in the area of limited assurance engagements and how they support businesses with their financial reporting requirements.
London’s Limited Review companies come in many shapes and sizes - from larger practices with broad capabilities to more specialised teams focused specifically on assurance and compliance work. They serve a wide range of clients, including growing private companies, charities, subsidiaries of international groups, and organisations that need credible financial statements without a full statutory audit.
Each company brings its own strengths in analytical procedures, management enquiries, and delivering clear, reliable limited assurance reports. By understanding who they are and what they offer, you’ll be better equipped to evaluate your options and choose the right partner for your specific needs.
Acumon
Acumon is a UK firm of chartered accountants and registered auditors providing limited review services to companies across London and the UK.
The firm delivers limited assurance engagements designed for organisations that want an external review of their financial statements without undertaking a full statutory audit. Limited reviews are performed through a combination of analytical procedures, detailed discussions with management, and careful assessment of accounting policies and disclosures.
Acumon works with a diverse range of organisations that require credible financial reporting with a balanced and proportionate level of assurance. This includes growing private companies, UK subsidiaries of international groups, charities, and other entities seeking external validation while keeping the process efficient.
The firm applies a structured and risk-focused approach to limited reviews, ensuring the work is tailored to each client’s specific circumstances and reporting needs. This helps provide clarity for stakeholders, lenders, and management without the extensive scope of a full audit.
Limited Review Capabilities:
Acumon provides limited review services tailored to the specific needs of each organisation.
These include:
Limited assurance engagements
Analytical review procedures
Management discussion and enquiry
Accounting policy assessment
Targeted financial statement review
Negative assurance reporting
Review of key financial areas
Each engagement is led by experienced professionals with direct involvement throughout the process.
Regulatory Licences and Registrations:
Acumon holds several audit registrations that enable it to support organisations operating across multiple jurisdictions.
These include:
UK statutory audit registration
Public Interest Entity (PIE) audit licence
Jersey audit licence
Isle of Man audit licence
Cayman Islands audit licence
British Virgin Islands audit licence
These registrations allow the firm to provide audit services to groups that include entities in both the UK and key international financial centres.
Core Services:
In addition to statutory external audit, Acumon provides a range of services that support financial reporting and governance.
These include:
statutory external audit
group and subsidiary audits
Public Interest Entity (PIE) audits
charity and not-for-profit audit
audit of international group structures
internal audit and governance reviews
risk management and compliance support
Audit work is often delivered alongside discussions with management and boards regarding financial reporting processes and governance frameworks.
Many organisations initially encounter statutory audit requirements as they grow and exceed the audit exemption thresholds set out in the Companies Act.
Acumon works with businesses that are:
approaching their first statutory audit
preparing for external investment
expanding into international markets
operating within corporate group structures
Early engagement with an audit firm can help ensure that financial reporting systems and documentation are aligned with statutory audit requirements.
Address: 1-2 Craven Road, Ealing, London, W5 2UA, UK
Glazers
Glazers offers limited assurance review services to companies that want an external review of their accounts without a full statutory audit. The company carries out analytical procedures, holds discussions with management on key items, and assesses the appropriateness of accounting policies and disclosures.
This approach provides a level of comfort for stakeholders while requiring less extensive work than a traditional audit. The review concludes on whether anything has come to the reviewer’s attention that suggests the accounts are not true and fair. Many companies preparing for growth or seeking finance choose this service for reassurance to lenders and investors. It also appeals to owners considering a sale. The scope is tailored to the specific needs of each business, striking a balance between cost and the level of external assurance required.
Warrener Stewart provides assurance review services as a form of limited assurance engagement. The company focuses on reviewing financial statements for conformity with relevant accounting standards through targeted procedures and risk identification.
Their work helps management spot potential areas that may need further attention. The service suits various organisations including limited companies, limited liability partnerships, charities and UK subsidiaries of European groups. It delivers a practical middle ground between full audit and basic accounts preparation. Reviews are conducted from their London and Edinburgh offices, primarily serving clients in South West London and surrounding areas.
Hillier Hopkins delivers limited assurance reports for companies exempt from statutory audit but seeking targeted assurance. The company tailors these reports to specific business requirements and stakeholder needs.
Their approach combines technical expertise with practical delivery, often supporting lending requirements or regulatory comfort. The service provides assurance on particular areas without the full scope of an audit. It works well for organisations wanting reliable reporting with controlled effort and cost.
Price Bailey prepares assurance reports for businesses looking for assurance beyond basic accounts preparation. The company offers these services alongside other compliance work for London-based clients including smes and charities.
Their process emphasises clear planning and practical delivery to minimise disruption. Reports are tailored to meet specific organisational needs such as lending or regulatory requirements. The approach focuses on delivering reliable assurance in an efficient manner.
Affinia carries out assurance engagements and agreed-upon procedures for companies seeking targeted review work. The company applies a risk-based methodology supported by modern audit technology to focus on the areas that matter most to each business.
Their approach involves close collaboration to define the exact scope of procedures required. This delivers clear and transparent reporting suitable for management, stakeholders and third parties. The service sits comfortably between basic reporting and a full audit for organisations that need a specific level of independent assurance.
Ellacotts provides assurance review services positioned between a full audit and a basic accountant’s report. The company performs discussions with management on key accounting treatments together with detailed analytical review of results and the balance sheet.
Their process also includes consideration of the appropriateness of accounting policies and how they have been applied. The resulting report offers negative assurance by stating whether anything has come to the reviewer’s attention that suggests the accounts are not true and fair. This option gives companies useful comfort and external validation at a more moderate level of effort and cost.
Key Highlights:
Discussions with management
Detailed analytical review
Accounting policy assessment
Negative assurance reporting
Tailored assurance level
Services:
Assurance review
Analytical review procedures
Management discussion support
Accounting treatment review
Negative assurance reports
Contact Information:
Website: www.ellacotts.co.uk
Phone: +44(0)20 36937315
Address: Suite 100, 99 Bishopsgate, London, EC2M 3XD
LinkedIn: www.linkedin.com/company/ellacotts-llp
Facebook: www.facebook.com/ellacotts
Twitter: x.com/Ellacotts
Instagram: www.instagram.com/ellacottsllp
Kreston Reeves
Kreston Reeves delivers proportionate assurance services including focused assurance work for companies that need independent review without a full statutory audit. The company emphasises clear and independent assurance on financial information while helping organisations understand associated risks.
Their team tailors the scope of work to the business sector and specific circumstances. This approach supports compliance requirements and provides practical insight into controls and processes. The service helps build confidence for stakeholders and management alike.
Key Highlights:
Proportionate assurance services
Focused assurance work
Risk understanding support
Tailored service scope
Independent financial review
Services:
Additional assurance services
Focused assurance reporting
Compliance related review
Risk and control insights
Stakeholder confidence reports
Contact Information:
Website: www.krestonreeves.com
Phone: +44 (0)330 124 1399
Address: 2nd Floor, 168 Shoreditch High Street, London, E1 6RA
Twitter: x.com/KrestonReeves
LinkedIn: www.linkedin.com/company/kreston-reeves
Perrys Accountants
Perrys Accountants provides independent review of financial statements through its audit and assurance offerings. The company supports businesses across London and Kent with assurance work that meets varying levels of requirement.
Their approach focuses on delivering reliable review outcomes while maintaining efficiency for the client. This service appeals to companies seeking external validation of their reporting without the full demands of a statutory audit. Work is carried out with attention to the specific context of each organisation.
Windsor Audit carries out non-statutory audits tailored to the specific needs of organisations. The company performs independent reviews that can cover various areas of an organisation beyond just financial reporting.
This type of engagement provides an unbiased assessment and helps identify potential weaknesses. It suits growing businesses, charities and those seeking finance or preparing for sale. The work is designed to be cost-effective compared to a full statutory audit while delivering useful insights for decision making. Reports support strategic choices and offer comfort to stakeholders and funders.
Millet Audit provides assurance services as part of its specialist audit and assurance work. The company supports organisations with independent review engagements where full statutory audit is not required.
Their process emphasises clear communication and understanding of the client’s specific context. This helps deliver focused assurance on financial information for various types of organisations including charities and other entities. The service offers a practical way to gain external validation and credibility.
Richard Anthony conducts statutory and regulatory audit work for companies that require independent review. The company supports organisations with assurance-related services in line with regulatory standards.
Their approach involves understanding the business to deliver appropriate levels of scrutiny. This helps companies meet stakeholder expectations where external validation of financial information is needed. The service is delivered with attention to the specific circumstances of each client.
PKF Littlejohn delivers audit and assurance services across various levels of engagement. The company supports complex organisations with proportionate assurance work tailored to their circumstances.
Their experience covers listed entities and other businesses requiring independent review of financial information. The process simplifies complexity while maintaining focus on key areas and risks. This provides reliable assurance suitable for stakeholder and regulatory needs.
Address: 15 Westferry Circus, Canary Wharf, London E14 4HD
Twitter: x.com/PKF_Littlejohn
LinkedIn: www.linkedin.com/company/littlejohn
Instagram: www.instagram.com/pkf.littlejohn
Conclusion
Choosing the right company for a limited review depends on several factors, including the size of your business, your sector, the maturity of your internal processes, and any specific regulatory requirements you face. Some companies take a broader integrated approach, while others focus on more specialised assurance work.
The right partner delivers independent assurance and practical steps to reduce risks and support resilience. This guide has outlined what various London-based companies actually offer in the limited review space, without ranking or recommending any particular one.
Ultimately, the information here should help you compare options more clearly and identify which approach best matches your situation. Take time to review their services and reach out directly to discuss your specific needs.
AC
Written by the Acumon team
Acumon is an ICAEW-registered firm of chartered accountants and registered auditors
based in London, with offices in Pitstone, Aylesbury and Bournemouth. Need advice on
anything covered here? Talk to us.
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