Sifar

Name

Sifar

Legal name

SIFAR Ltd

Website

https://sifar.co.uk

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Southminster

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Accounting & Tax Services: Compliance accounting and tax return services provided on a fixed fee basis. Monthly payments spread across twelve months with all year-end fees included in the monthly rate.
2. Virtual Finance Hub: Comprehensive monthly accounting service including bookkeeping, payroll, VAT, management accounting, reporting, company secretarial, year-end accounts, and self-assessment. Includes cloud software subscription. Tailor-made packages where clients choose required services.
3. Business Consulting: Forward-thinking business consulting services including strategy and planning, business improvements, corporate development, governance and risk, performance measurement, budgeting and forecasting, financial modelling, and forensic analysis.
4. Virtual CFO (VCFO): On-call CFO services for businesses between £1 million and £20 million in revenue. Includes management reporting, dashboard reporting, cashflow modelling, budget preparation, finance process reviews, and cloud accounting advice.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

SIFAR Ltd provides fixed-fee, tailor-made accounting, tax compliance, and business consulting services to UK small and medium-sized businesses. Core offerings include year-end statutory accounts and tax returns, an ongoing Virtual Finance Hub for bookkeeping/payroll/VAT/management accounting, SIFAR Business Consulting for strategy and governance, and a Virtual CFO service for £1–20 million revenue companies, all delivered via Xero, QuickBooks, and Hubdoc cloud platforms.

Product overview

SIFAR Ltd is an accounting and business consultancy offering three innovative, interconnected service lines: (1) Accounting & Tax — a proactive year-end compliance service covering statutory accounts, corporation tax, self-assessment, VAT, payroll, and bookkeeping; (2) Virtual Finance Hub — a tiered, tailor-made fixed-fee end-to-send bookkeeping, accounting, and year-end service that streams real-time business intelligence to any device, built on Xero or QuickBooks cloud platforms; and (3) SIFAR Business Consulting — forward-thinking advisory spanning strategy, governance, performance measurement, budgeting, financial modelling, and forensic analysis, delivered by a Fellow Chartered Management Accountant. The Virtual CFO (VCFO) add-on augments any service line, providing on-call CFO support for businesses with £1–20 million in revenue. All core services use secure cloud-based accounting and document management software (Xero, QuickBooks, and Hubdoc) and include an App Advisory Service for ongoing technology recommendations.

Differentiator

Problem solved

Functional benefit

Brands

• Virtual Finance Hub: An end-to-end accounting solution providing bookkeeping, payroll, VAT, management accounting, reporting, company secretarial, and year-end services.
• Sifar Business
• Virtual CFO (VCFO)

Products and services

• Accounting & Tax Fixed monthly fee compliance accounting and tax return service for UK small and medium-sized businesses, covering statutory accounts, corporation tax, self-assessment, VAT returns, payroll, bookkeeping, and CIS returns.
• Virtual Finance Hub End-to-end fixed-fee accounting solution providing ongoing bookkeeping, management accounting, payroll, company secretarial, VAT returns, statutory financial statements, corporation tax, and self-assessment tax returns streamed as real-time business intelligence to any device.
• SIFAR Business Consulting Forward-thinking business consulting service covering strategy and planning, business improvements and restructuring, corporate development, governance and risk, performance measurement, budgeting and forecasting, financial modelling, and forensic analysis, delivered by a Fellow Chartered Management Accountant.
• Virtual CFO (VCFO) On-call Virtual Chief Financial Officer service for UK businesses with between £1 million and £20 million in revenue, providing management reporting, dashboard reporting, cashflow modelling, budgeting and forecasting, finance process reviews, and cloud accounting advice.
• Digital Office (Cloud Accounting & Document Management) Cloud-based accounting and document management infrastructure supporting all SIFAR services, including Xero and QuickBooks certified advisory, software migration, and Hubdoc cloud document management.

Quantifiable outcome

• Fees spread across twelve months with no large unexpected year-end bills
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• XerocoreTechnology or IntegrationSIFAR is a Xero Gold Certified Professional Partner with all staff as Certified Advisors. They specialize in Xero implementation, migration, payroll, cash flow, tax, retail/ecommerce, trade, and pro services. Xero subscription is included in monthly service packages.
• QuickBookscoreTechnology or IntegrationSIFAR is a QuickBooks Silver ProAdvisor with all staff as ProAdvisors. QuickBooks is offered as an alternative cloud accounting platform option for clients.
• Chartered Institute of Management Accountants (CIMA)coreStrategic or Co-development PartnerSimon Faraway is a CIMA Practising Certificate Holder/Member in Practice. CIMA provides high standards of exceptional quality and continuous regulation, ensuring clients receive the best service and full assurance.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Coconut: UK cloud-based accounting and tax service for freelancers and small businesses, delivered via a digital platform. Directly comparable as a UK SMB-focused, subscription-priced accounting practice with a modern tech stack.
• Crunch Accounting: UK online accounting and tax service targeting freelancers, contractors, and SMBs on fixed monthly subscriptions. Closely comparable business model, customer segment, and cloud-delivery approach to Sifar.
• Mazuma: UK online accountancy serving small businesses and contractors with cloud-based bookkeeping and tax on fixed monthly fees. Comparable in target market, pricing model, and digital-first delivery.
• Counting Up: UK fintech combining a business current account with built-in accounting and tax features for sole traders and SMBs. Comparable cloud-native, subscription-based accounting offering for the same UK micro/SMB segment.
• Haines Watts: UK network of regional accountancy firms serving SMBs with compliance, tax, and advisory services. Comparable in size tier, client segment, and mixed compliance-plus-advisory service mix.
• Carpenter Box: Independent UK accountancy practice providing compliance, cloud accounting, and advisory services to SMBs and owner-managed businesses. Comparable scale, regional focus, and service breadth.
• Lubbock Fine: London-based chartered accountancy firm serving owner-managed businesses and SMEs with compliance, tax, and advisory services. Comparable UK SMB-focused accountancy model with mixed compliance and advisory revenue.

Broad incumbents

• Moore Kingston Smith: UK mid-tier chartered accountancy firm with full-service compliance, tax, advisory, and vCFO offerings for SMBs and mid-market clients. Comparable services but at materially larger scale and broader geographic reach.

Emerging players

• Pilot: US-based bookkeeping, accounting, and tax service for SMBs and startups delivered through a tech-enabled platform. Comparable subscription-based, cloud-first SMB accounting model with a stronger technology layer.

Regional players

• 1st Formations: UK company formation and accountancy package provider serving startups, sole traders, and SMBs. Comparable UK SMB customer base and bundled formation/accounting/tax offering, with a heavier digital onboarding motion.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sifarltd
• Facebookfacebook.com/sifarltd
• LinkedInlinkedin.com/company/7798215

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sifar