Changing accountants does not disqualify your company, but it can prompt questions if it creates a gap in your financial records or leaves recently filed accounts unsigned. Being upfront about the change and providing bridging documentation will resolve most concerns quickly.
Why underwriters notice an accountant change
When we review your application, we look at the continuity and consistency of your financial records. A change of accountant mid-year may mean that management accounts are prepared in a different format, or that there is a period not yet covered by any professional sign-off. That gap is not a red flag in itself — we simply need to understand what happened and when.
Documents that help bridge the gap
- A brief note from your new accountant confirming they have taken on the engagement and the date from which they are responsible.
- Management accounts or a profit-and-loss summary covering the transition period.
- Bank statements that overlap with your last set of filed accounts, so the revenue picture is unbroken.
- Your most recent filed accounts from Companies House, even if prepared by your previous firm.
Timing your application
If you have recently changed accountants and your new firm is still onboarding your records, it may be worth waiting a few weeks until they can produce even a brief set of management accounts. That said, if the need is urgent — for example, a supplier invoice due under Credicorp Slice — apply now and let us know the context. We will work with what you have.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: Can I apply if my company has a short trading history?, What strengthens a Credicorp application?, How long does a Credicorp approval decision last?