Accountants in Southwark

Yes. IB&Co Accountants works with sole traders, landlords, contractors and limited companies across Southwark, including Bermondsey, Peckham, Canada Water and London Bridge. We are accountants and tax advisers at Level 37, 1 Canada Square, Canary Wharf. Most work is done online, and you can meet us in person at Canary Wharf or at your premises, by appointment.

Where in Southwark do we work?

We work with businesses and individuals across the borough, including:

• London Bridge, Borough and Bankside (SE1)
• Bermondsey and Bermondsey Street (SE1 and SE16)
• Canada Water, Surrey Quays and Rotherhithe (SE16)
• Peckham (SE15)
• Walworth and Elephant and Castle (SE17)
• Camberwell (SE5)
• Dulwich and East Dulwich (SE21 and SE22)
• the Old Kent Road corridor

Some edges of Camberwell and Elephant and Castle sit close to neighbouring boroughs. We can still work with you if your premises sit just over the line.

We do not have a branch in Southwark. Day-to-day work is done online, through secure portals, cloud accounting and video calls. You can meet us in person at our office at One Canada Square, Canary Wharf, or at your premises, by appointment.

How do I get to Canary Wharf from Southwark?

Several Jubilee line stations in Southwark are only a few minutes from our office. Canada Water is one stop from Canary Wharf, typically around two or three minutes. Bermondsey is two stops, typically around four minutes. From London Bridge it is three stops, typically around six or seven minutes. Southwark station, by Waterloo East, is also on the same line. Check TfL before you travel, because times vary.

From Peckham Rye, the Windrush line (London Overground) runs to Canada Water, typically around 11 minutes, and from there the Jubilee line is one stop to Canary Wharf. TfL typically shows around 16 to 18 minutes in total for that combination. The same Overground route is useful from Surrey Quays and from other Windrush line stations in the south of the borough.

Our address is Level 37, 1 Canada Square, Canary Wharf, London E14 5AA. We are open Monday to Friday 9:00 to 18:30 and Saturday 10:30 to 16:30, so you can see us before or after work, or on a Saturday.

If a meeting at your premises in Bermondsey, Peckham, Canada Water or elsewhere in Southwark is more convenient, we can arrange that too. That fits how the practice began. Ishmael Bangura started out meeting small business owners in the evenings after his day job, because they did not have time for a nine-to-five accountant. We still work around you, not the other way round.

What kinds of Southwark businesses do we help?

ONS figures compiled by Nomis record 16,345 enterprises in Southwark in 2026. Compared with many neighbouring boroughs, a larger share of those firms are small, medium or large, because the north of the borough includes a dense commercial district around London Bridge, Borough and Bankside. Southwark Council’s economic strategy describes a place where 18,000 businesses and 302,000 people at work generate more than £20 billion a year, and where around half of local jobs are in the everyday “foundational economy” of shops, care, hospitality and services, alongside growing life sciences, digital and creative sectors.

That split is the character of the borough. Around London Bridge you will find professional firms, hospitality and a large visitor economy, from Borough Market to the South Bank. Canada Water is a major regeneration area, one stop from Canary Wharf on the Jubilee line. Peckham has a strong independent business scene and a local business forum. Elephant and Castle and the Old Kent Road are changing quickly, with a mix of long-standing traders, new workspace and construction. Universities and hospitals, including King’s College London and Guy’s and St Thomas’, also shape the local professional and contractor market.

We can help:

• Limited companies and professional firms around London Bridge, Borough and Bankside, with year-end accounts, Corporation Tax, payroll and bookkeeping
• Independent shops, hospitality and creative businesses in Peckham, Bermondsey Street, Borough and the high streets
• Businesses at Canada Water, Surrey Quays and in the regeneration areas along the Old Kent Road and at Elephant and Castle
• Contractors and freelancers who live or work in the borough, including those linked to the hospitals, universities and digital firms
• Builders and tradespeople working under the Construction Industry Scheme
• Landlords and property investors, including Making Tax Digital when it applies

What local rules should Southwark businesses know about?

Most of your tax obligations are national: Self Assessment, Corporation Tax, VAT and payroll are all dealt with by HMRC. A few things are local.

Business rates. If you occupy commercial premises in the borough, business rates (non-domestic rates) are billed by the London Borough of Southwark. The council can also tell you about reductions and reliefs. If you move into or out of a commercial property, you need to tell the council that bills the rates.

Licences. Depending on what you do, you may need a licence from the same council, for example for food, alcohol or street trading. That is a regular requirement around Borough Market, Bermondsey, Peckham and the South Bank. We can point you to the right place and make sure licence costs are in your budget.

Rented property. Landlords have their own obligations alongside tax. For the tax side, including Making Tax Digital, see our Property Owners services and Making Tax Digital for landlords.

What accountancy services do you offer in Southwark?

After a no-obligation Discovery Call we send a fixed, written proposal, agreed before any work starts.

For sole traders, our monthly fee starts from £59.99. Your exact fee depends on how complex the work is and is set out in your fixed, written proposal. Limited company accounts, payroll, VAT, CIS and other services are also charged as a fixed fee in your proposal, not from a public price list.

We can help with:

• accountants for sole traders, including bookkeeping and Self Assessment
• year-end accounts and Corporation Tax for limited companies
• Self Assessment for individuals, contractors and landlords
• VAT returns and Making Tax Digital set-up and quarterly updates
• payroll
• CIS returns and support for subcontractors
• landlords, including Making Tax Digital for landlords
• contractors and freelancers
• bookkeeping and company formation for new businesses
• support when HMRC writes to you

Our accountancy fees page explains what affects the cost.

Why work with IB&Co from Southwark?

From Canada Water you are one Jubilee line stop from our office, and from Bermondsey or London Bridge the same line is only a few minutes more. You get a named contact, replies within 48 hours, and fixed fees agreed in writing before any work starts. IB&Co Accountants is regulated by the Institute of Financial Accountants (IFA) and the Institute of Public Accountants (IPA). With 10+ years in practice, Ishmael Bangura FFA and the team have helped more than 950 clients.

Read what our clients say or find out more about us. Considering a change? See how switching accountants to IB&Co works.

We also work from our Canary Wharf office with businesses in Tower Hamlets and East London.

Frequently asked questions

Do you have an office in Southwark?

No. Our office is at Level 37, 1 Canada Square, Canary Wharf, London E14 5AA. We work with Southwark clients online, and you can meet us in person at Canary Wharf or at your premises, by appointment.

How do I get to you from Bermondsey, Peckham or Canada Water?

Canada Water is one stop from Canary Wharf on the Jubilee line, typically around two or three minutes. Bermondsey is two stops, typically around four minutes. From London Bridge it is typically around six or seven minutes. From Peckham Rye, take the Windrush line to Canada Water and then one Jubilee stop; TfL typically shows around 16 to 18 minutes in total. Check TfL before you travel.

How much do you charge sole traders in Southwark?

Our sole trader service starts from £59.99 a month, depending on how complex the work is. Other services are charged as a fixed fee in your written proposal. See our accountancy fees page.

Who do I pay business rates to in Southwark?

Business rates for commercial premises are billed by the London Borough of Southwark. The council can also tell you about reductions and reliefs.

How do I get started?

Book a Discovery Call. We will learn about your situation and then send you a written proposal before any work starts.

Talk to an accountant who works with Southwark clients

Call 020 7164 0225 or visit us at Level 37, 1 Canada Square, Canary Wharf, London E14 5AA. Open Monday to Friday 9:00 to 18:30 and Saturday 10:30 to 16:30.

Checked on 13 November 2026. This page is general information and is not advice for your circumstances.