Accountant for property businesses and landlords with a monthly view across every entity you own
Accountant for property businesses and landlords running several companies, SPVs or a mixed portfolio, where the lender, the vendor and the bank all want an answer in the same week.
Most portfolio owners learn how a property actually performed when the annual accounts land, long after the decision that mattered. The open question is which company was carrying the cash, and whether the covenant headroom you assumed in March was still there in June.
Ardein is an outsourced finance function for owner-managed UK property businesses, landlords and grant-funded organisations, run remotely from Chester. It reports each entity and the portfolio monthly on an agreed date, charges a monthly fee scoped to the work, and manages the handover from a current accountant at no separate charge.
“They don't feel like a contractor. They get fully involved in the business and are well respected by all.”
UK SME owner
- IAB member (MIAB 292185)
- Anti-money-laundering supervised
- Established 2021


Three things you’d know before the next purchase
Know which property pays and which one is being carried
Income and costs sit against each entity every month, so the weak one stops hiding in the group total.
Sign off a purchase with the payback in front of you
Cash, debt service and covenant headroom are current, so the decision takes an afternoon.
Answer the lender in the week they ask
The figures a bank or broker wants already exist, in the same shape every month.
Three property decisions that went wrong because the numbers came late
Every one of these came from an owner who already had a competent accountant.
- Purchase
“We bought the fourth flat on the strength of last year’s accounts. The rent covered the mortgage and almost nothing else.”
Service charges and void periods had never been split by property. The purchase absorbed two years of the portfolio’s spare cash.
- Contract
“The lender wanted entity level figures before renewal. It took five weeks to build them and two of the numbers were wrong.”
The covenant test was run on an estimate. Renewal terms came back tighter than the portfolio deserved.
- Price
“I held the rents flat for a second year because I could not tell what the running costs had actually done.”
Costs had risen across every unit. A year of margin went, and nobody saw it until the accounts arrived.
- Day 90
What it looks like when the answer is in the room
By day ninety, every company reports on the same date each month. You can see rent received, arrears, debt service and cash per entity and for the portfolio together. When a property comes up, you know within an afternoon whether the cash and the covenant allow it. When the lender asks, the pack already exists.
Quick check · no email
If you asked today what cash is free across all your entities after debt service this quarter, and the answer is after the year end, you have the wrong accountant
Answer these three about the accountant you already have.
Question 1 of 3
Could they tell you by this afternoon whether the portfolio can carry another purchase?
Could they show you last month’s result for each entity, on the same date every month?
Could they produce the figures a lender wants for a covenant test without a five week wait?
No yeses means the gap is real, and it is already costing you on decisions you are making anyway. The review maps it entity by entity and gives you the five things to fix first.
That is a reasonable position for a portfolio your size, and one area is worth checking. Reports arriving on the agreed date each month is what makes everything above them usable.
Three yeses and you are well served by what you have. The first ninety days guide is there if you want to compare how the monthly routine is run.
What annual accounts tell you, and what they cannot tell you in June
Both are real work. They answer different questions, and only one is available on the day you decide.
Annual accounts, filed properly
Statutory accounts and corporation tax for each company, filed correctly and on time.
A clean historic record a lender, buyer or broker can rely on.
The tax position confirmed once the year is closed and the figures are final.
Arrives months after the purchases, rent reviews and refinances it describes.
A monthly view across the entities
Every company reported on the same date, plus the portfolio consolidated.
Cash, arrears, debt service and covenant headroom current to last month.
A same day answer on whether a purchase or a refinance actually works.
Year end becomes a confirmation of figures you have already acted on.
Eight questions a property owner should be able to answer this month
More than two noes and the next decision is being made on guesswork.
- 01
Do you know last month’s net cash for each entity?
If only the group total exists, the weak company hides inside it.
- 02
Can you see arrears by tenant without opening the bank?
Arrears are the first sign a yield assumption was optimistic.
- 03
Do you know your covenant headroom as at last month?
Headroom assumed in March is rarely the headroom tested in June.
- 04
Could you price a purchase against current cash this afternoon?
A purchase priced on last year’s accounts is priced on a different market.
- 05
Do you know the running cost per property, voids included?
Service charges and voids decide which unit is actually paying its way.
- 06
Do the loans and balances between your companies reconcile?
Intercompany balances that drift make every refinance slower and more expensive.
- 07
Do the reports arrive on the same date every month?
A date that moves is a report nobody builds a decision on.
- 08
Could you hand a lender a full pack this week?
If it takes five weeks, the terms are set before your figures land.
What running the finance function across several property entities covers
One routine, applied to every company you own.
A view per entity and across the portfolio
Cash, rent, arrears, debt service and performance, reported on an agreed date.
Year end that confirms what you already saw
Bookkeeping, VAT, payroll, statutory accounts and corporation tax for each company.
A finance lead for purchases and refinances
Virtual CFO input on funding, structure, pricing and whether the next deal carries itself.
Entry 01
The date the reporting lands, and why it decides the refinance
Reporting is only worth reading if it arrives before the decision.
Figures as recorded in client work · names withheld
What clients say
“They don't feel like a contractor. They get fully involved in the business and are well respected by all.”
UK SME owner
What changes in ninety days, and what you can decide at the end of it
One timetable applied to every company you own, starting with the records underneath.
You know what shape the records are really in
Scope agreed, AML checks done, records gathered for every entity. If you have an accountant, we run the handover.
Every entity reconciles and the balances make sense
Bank, rent, arrears and supplier balances agreed company by company, with historic gaps identified and listed.
The month closes without anyone chasing it
Routines for bookkeeping, supplier bills, rent collection, credit control and payroll, with checks that hold across the portfolio.
You can answer a lender in the same week
Monthly reporting per entity and consolidated, on an agreed date, current enough to price a purchase against.
When Ardein is the wrong answer for a property business
We do not take on cash businesses, and that includes rent collected in cash.
We do not act where the work is CIS dependent construction inside the development side.
We walk away from anything illegal or reportable, from falsified VAT records, and from anyone who will not complete AML checks.
New capacity is four clients a month, so a portfolio that needs an immediate start may have to wait for a slot.
If you are not sure which side of that you sit on, the review will tell you inside an hour.
Questions property owners ask before they get in touch
Is the Finance Function Gap Review just a sales call?
No. It is a paid review at a fixed review fee, credited in full against onboarding, and it runs for about an hour. We look at the records across your entities, the reporting you get now, debtors and creditors, payroll and the systems in use, then set out the top five priorities. You can act on those with us or without us.
We already have an accountant for our property companies, so why change?
Most of our clients already had one. The common gap is monthly: the accounts are filed accurately and nothing useful arrives between year ends. Ardein runs the whole finance function, so the annual filing and the monthly view across entities come from the same records. Whether that is worth doing for your portfolio is what the review decides.
What happens with our current accountant if we switch?
We manage the handover and there is no separate charge for it. We write for professional clearance, collect records and working papers for every company, agree who is responsible for what from which date, and set a transition plan around your year ends. You tell your current accountant the decision, and we deal with the rest.
How long do we have to commit for?
Engagements run monthly, with a fee scoped to the work once we have seen the records and understood how the portfolio runs. There is no long tie in. We would rather you stayed because the reporting arrives on the agreed date each month and you use it, than because of a contract term.
Do you work with landlords who hold property through several companies or SPVs?
Yes. Multiple entities are the usual position: a holding company, several SPVs, sometimes personally held property alongside a trading business. We report each company on its own and the portfolio together, so intercompany balances, debt service and cash are visible in one place instead of being reconstructed at year end.
Can an accountant for property businesses and landlords work remotely?
Yes. Ardein works remotely across the UK from Chester, with a North West core in Liverpool, Manchester, Warrington and Cheshire. Records, bank feeds and reporting run in Xero, and Gavin is reachable by phone or email Monday to Friday. Where your properties sit does not limit who we can look after.
Three ways to take the next step
Take the review
You leave with the top five priorities across your entities and an indicative monthly structure.
See what you’d be told 02 · A question firstGot a question about how your entities should report?
Ask Gavin directly by phone or email and get a straight answer.
Ask Gavin a question 03 · Still decidingStill deciding
The first ninety days guide sets out what changes each month and when the reporting starts.
Read the guides →