Good advice. Clearer thinking.
North Tyneside runs from the riverside at Wallsend and Howdon out to the coast at Tynemouth and Whitley Bay, and up through Killingworth and Backworth towards the A19. It is a borough of very different places. A family business on the Fish Quay has little in common with a consultancy at Cobalt Business Park, and an electrician based in Shiremoor has different questions again. Good accountancy starts with understanding which of those situations you are in.
We should be clear about where we are. Our office is at Marquis Court on the Team Valley Trading Estate in Gateshead, south of the Tyne. We do not have an office in North Tyneside. What we offer instead is careful, steady support that does not depend on you calling in every week. Most of our work happens by phone and email, with records shared securely, and you are always welcome to meet us at Team Valley if you prefer to talk face to face.
We listen first. Before suggesting software, a new bookkeeping routine or a change to how you pay yourself, we want to know how your business actually runs. Some clients need a full set of year-end accounts and a corporation tax return. Others simply want their self assessment taken off their hands. We can discuss what applies to you and agree a sensible way of working.
Business in North Tyneside, from the river to the coast.
The borough’s history is tied to the river. Shipbuilding at Wallsend, the docks and fishing at North Shields and the mining villages inland shaped the place for generations. Today the picture is broader. Offices at Cobalt and Quorum, retail at Silverlink and Royal Quays, and engineering and marine firms along the Tyne sit alongside a large number of small trading businesses and self-employed people.
That mix brings a range of accounting needs. Coastal cafés, bars and guest houses may see busy summers and quieter winters, which affects cash flow and VAT. Trades and construction firms may deal with the Construction Industry Scheme. Office-based companies often want monthly management figures and payroll that simply works. Plenty of people across North Tyneside also have a second income, a rental property or a side business that brings them into self assessment for the first time.
Who we work with in North Tyneside
- 01
Hospitality and food businesses on the coast
- 02
Marine, engineering and riverside firms
- 03
Construction trades and subcontractors
- 04
Office-based companies and consultancies
- 05
Independent shops and personal services
- 06
Landlords and the self-employed
Services North Tyneside clients ask about
An example from north of the river.
Imagine a small engineering firm on an estate near the A19 that has grown from two people to eight. The director has kept the books on a spreadsheet, but payroll, VAT and a new van lease are becoming hard to follow. In a situation like this, Priestman & Co. could help set up cloud bookkeeping, take over the monthly payroll and VAT returns, and prepare the year-end accounts. The director would then have clearer figures to plan with, and fewer evenings spent on paperwork.
Getting to our Team Valley office
From most of North Tyneside, the quickest road route to Team Valley is usually the A19 through the Tyne Tunnel, where a toll applies, and then on to the A1. Others prefer to come into Newcastle and cross the river to Gateshead. By public transport, the Metro to Gateshead and a bus onward to the Team Valley Trading Estate works well. Many clients never need to travel, as we can handle most things by phone and email.
Tax and reporting rules can change. This page offers general information, not advice specific to your circumstances. The example above is illustrative only.
North Tyneside: common questions
Yes. Our office is at Team Valley, but the work we do does not depend on you being next door. Records can be shared securely, questions answered by phone or email, and meetings arranged at our office when that suits you. Tell us what is happening and we can talk through whether our way of working fits your business.
Seasonal trading is common in places like Tynemouth and Whitley Bay. We can help you look at cash flow across the year, set money aside for tax and VAT during busier months, and understand how your accounting period may affect when tax falls due. What makes sense will depend on your circumstances, so we would start by looking at your figures.
No. We work with sole traders, partnerships and limited companies, and with individuals who need help with self assessment. That might include landlords, people with income from more than one job, or someone who has just started working for themselves. We can discuss what applies to you and what level of support would be useful.