TechHub - the co-working centre for technology start-ups at the heart of the UK's 'Silicon Roundabout' in London's Old Street - has partnered with Crunch.co.uk for its accounting needs.

TechHub CEO Elizabeth Varley and Mike Butcher, Editor of TechCrunch Europe, co-founded TechHub to meet the growing needs of technology entrepreneurs needing a base in London. Desk space, meeting rooms and event space are available cost-effectively, while working alongside like-minded business people encourages collaboration within the community.

"Simple, accurate and inexpensive accounting is what start-ups, entrepreneurs and small companies need so they can spend their time focusing on what they do best. Having a great online service backed up by someone at the other end of the phone when you need them, without worrying about costs mounting up is one of the reasons Crunch.co.uk's service is so suitable for the cost-conscious company," said Varley.

Aimed at freelancers, contractors and small businesses, Crunch.co.uk combines an expert team of accountants and easy-to-use online software. Its backers include Bebo co-founder Paul Birch and former Skype Chairman Michael van Swaaij.

"It's fitting that TechHub has chosen to partner with us as we are part of the new breed of game-changing online businesses that provide a complete solution. TechHub members are often so busy with their start-ups they need the most time-saving solution to their accountancy needs," said Darren Fell, Managing Director of Crunch.co.uk. "TechHub looked at the market and realised they needed a modern accountant offering expert advice and the ability to handle all invoicing, expenses and annual accounts online in one place."

"TechHub is here to fill a huge gap in the market - helping start-ups get up and running quickly. To that end it was a no-brainer for TechHub to partner with a company that is disrupting the accounting space in its own
right," said Butcher.

TechHub will promote Crunch.co.uk as its preferred online accounting partner to its extensive community. Crunch.co.uk will also run workshops at TechHub.


About Crunch.co.uk:

Crunch.co.uk combines a team of expert accountants with ridiculously easy-to-use online accounting software. Designed specifically for freelancers, contractors and small businesses, Crunch.co.uk is more than just accounting and is a vital business tool. The accountant and software service is available for a fixed monthly fee of £59.50. For this, users can invoice, add expenses, have their annual accounts and returns prepared and see the exact health of their businesses instantly with a fun, innovative and simple-to-use website with banking grade security. Crunch.co.uk is the next generation of accounting which replaces the traditional accountant. It takes the pain out of accounting and helps people live the entrepreneurial dream.

Crunch.co.uk won 'Innovation in Business' at the Brighton and Hove Business Awards 2009 and is founded by online entrepreneur Darren Fell. Fell appears in the 2008 Courvoisier 'The Future 500' in association with The Observer'; a league table of the UK's most talented business people and was also named Entrepreneur of the Year at the Sussex Business Awards 07/08. High profile online entrepreneurs - Bebo's co-founder Paul Birch and former Skype Chairman Michael van Swaaij - are investors in the company.