Business Details
21 Years
experience
Trusted Accountancy Services in Newry
Established in 2005, P M K Accountancy Services is a leading accountancy practice based in Newry, Northern Ireland. Our team of 14 professionals combines over 100 years of collective experience across diverse sectors, including retail, agriculture, manufacturing, and professional services. We specialise in providing tailored accountancy, tax compliance, and business consultancy services to businesses throughout the island of Ireland. Our approach focuses on understanding each client's unique needs to deliver timely, accurate financial information that supports strategic decision-making. We maintain digital record-keeping systems and offer Making Tax Digital (MTD) compliance solutions to meet evolving HMRC requirements.Our team receives continuous training to ensure expertise in current tax legislation and sector-specific challenges. We work closely with business owners to implement internal controls, optimise tax efficiency, and improve operational performance. Our sector-specific knowledge has earned recognition from major retail wholesalers, including Henderson Food Service and Musgrave Retail Partners. We operate with core values of professionalism, loyalty, and integrity, prioritising transparent communication and long-term client relationships. Our services cater to sole traders, SMEs, and larger organisations requiring bespoke financial solutions.
Services
Making Tax Digital
Management Accounts
Payroll Services
Business Consultancy
VAT Compliance
Details
- Year established: 2005
Highlights and features
- We have over 100 years of combined accountancy experience across multiple sectors
- Our team provides tailored financial solutions for retail, agriculture, and manufacturing businesses
- We offer Making Tax Digital compliance and digital record-keeping expertise
- Our continuous staff training ensures up-to-date tax and regulatory knowledge
- We maintain long-term client relationships through transparent, values-driven service
What people say
Professional expertise
Sector-specific knowledge
Reliable service
Responsive support
Effective tax solutions
Services
Making Tax Digital
Making Tax Digital (MTD) is a UK government initiative requiring digital tax record-keeping. We help businesses implement compatible software solutions, maintain digital records, and submit VAT returns through HMRC's API platform. Our service ensures compliance with MTD requirements while streamlining tax administration processes for businesses across Ireland.
Management Accounts
We prepare detailed management accounts including profit & loss statements, balance sheets, and cashflow analysis. Our bespoke reporting templates enable business owners to monitor performance metrics, identify improvement areas, and make data-driven decisions. We provide regular reviews to discuss financial performance and strategic recommendations.
Payroll Services
Our payroll service handles salary processing, tax deductions, and statutory compliance. We manage auto-enrolment pensions, produce payslips, and submit required HMRC reports. This service removes administrative burdens, ensuring accurate and timely payroll processing while maintaining compliance with evolving employment regulations.
Business Consultancy
We provide strategic business advice covering operational efficiency, tax planning, and growth strategies. Our consultants help implement internal controls, develop business plans, and optimise financial performance. We offer sector-specific insights to help businesses improve profitability and achieve long-term objectives.
VAT Compliance
We assist businesses with VAT return preparation, compliance reviews, and MTD for VAT implementation. Our service ensures accurate record-keeping, proper VAT calculations, and timely submissions. We help businesses navigate complex VAT regulations while minimising compliance risks and potential penalties.
People
Paddy McKeown
Director
Paddy founded P M K Accountancy Services in 2005 with a first-class degree in Accounting & Finance. He specialises in retail sector accounting and has over 20 years' experience in practice and industry, focusing on internal controls and business performance optimisation.
Frank Shields
Director
Frank is a qualified FCA with over 20 years' experience. He previously worked as Financial Controller in food manufacturing before joining PMK. He specialises in financial statements preparation, tax compliance, and business consultancy across various sectors.
Ross Flynn
Practice Manager
Ross graduated from Queens University Belfast with a BSc in Accounting in 2016. He joined PMK as a trainee, progressed through the firm, and now manages client portfolios in retail and transport sectors while serving as Practice Manager.
Dermot Hughes
Accountant
Dermot holds a BA Hons in Accounting & Finance and has 18 years' experience across practice and industry. As PMK's first employee, he has worked on diverse client accounts and now manages his own portfolio of business clients.
Sharon McKiverigan
Payroll Bureau Manager
Sharon joined PMK in 2013 as an accounting technician and progressed to Payroll Manager. She specialises in complex payroll management, maintaining up-to-date knowledge of payroll regulations to provide expert client advice.
Questions
What accounting software does PMK recommend?
We recommend SAGE, Xero, and Intact accounting software solutions. Our team provides tailored advice on software selection and offers training to ensure optimal use of your chosen accounting system.
Do you specialise in any particular business sectors?
We specialise in retail, agriculture, manufacturing, dental, legal, transport & logistics, and property sectors. Our team has developed specific expertise in these areas to provide targeted financial solutions.
How does PMK handle payroll compliance?
We manage payroll processing, auto-enrolment pensions, statutory forms, and HMRC submissions. Our payroll specialists ensure compliance with current regulations while maintaining client confidentiality.
What is Making Tax Digital compliance?
MTD requires digital tax record-keeping and submissions. We help businesses implement compatible software, maintain digital records, and submit VAT returns through HMRC's API platform as required by UK tax regulations.
Can you assist with business planning?
Yes, we provide business planning services including strategy development, performance measurement systems, and financial forecasting to help businesses achieve their growth objectives and improve operational efficiency.
How does PMK ensure staff expertise?
Our team receives continuous training in accountancy practices, tax legislation, and sector-specific requirements. This ensures we maintain up-to-date knowledge to provide accurate, relevant financial advice to clients.
