Accountancy firm sees growth across the South West
Accountancy firm Mazars says it has seen significant income growth across all Mazars offices in the South West,
Mazars teams in Bristol, Poole and Gloucester grow by 16%, 7% and 18% respectively as the offices expanded their services.
The firm has a third consecutive year of double-digit growth across the UK, with a 16% increase in revenue and 7% increase in profit.
Growth in the South West saw total income increasing to £16m.
Across the UK, Mazars has achieved a 16% increase in revenue to £335m.
The Bristol team has grown its headcount by more than 16% to over 70 employees in the last year, including 13 new trainees, and the Gloucester team has also increased its headcount by 18%, taking on 7 new staff members.
Meanwhile, the team in Poole has increased by almost 7%, and now has a total headcount of nearly 80 people. In the last year they have taken on several new staff members at the early stages of their career, including 4 school leavers, 4 interns and 2 trainees.
Lesley Fox, Poole office managing partner, said: “Our teams across the South West have had hugely successful years, with all teams growing as we expand the services we offer to our clients.
“We have supported clients with a variety of our services, and collectively our offices have contributed to strong income growth. Looking ahead, we will continue to make investments to strengthen our services for local clients, as well as for any international opportunities which come through our new global network with Forvis
“The new trainee hires in Bristol have largely supported the firm’s audit practice, with demand for privately owned business and industry and services sector audit work increasing. Alongside this, the Bristol team has been focused on supporting clients with tax and insolvency services and expects to see growth in these areas in the coming years.
“The Poole office has seen growth across all services, with audit and private client work particularly driving this, while its tax, outsourcing, advisory, consulting and transaction services have also expanded. Notable new client wins this year include Curtiss-Wright Defense Solutions and related UK subsidiaries and Learndirect Group.”
Mazars chief executive Phil Verity, said “Despite a less buoyant economy in the past year and a competitive marketplace, our strategy to invest in talent has enabled our business to deliver double digit growth this year. I am very proud to see the strength of our firm’s development as we enter a very exciting time ahead of the creation of our new global network with Forvis.
“We will be able to provide our clients with an expanded and highly competitive offering providing truly global reach.”
