Team Valley accountants create jobs with expansion move

A North East chartered accountancy firm has kicked off its new financial year with a move to bigger premises on the Team Valley, and is creating new jobs as part of its ongoing growth plans.

Established in 2001 by directors Richard Tait and Michael McKenna, Inspire Financial Management has offices on Tyneside and Tees Valley, and covers the whole of the North East.

The company provides a range of corporate finance, business consultancy and tax planning services for its clients, as well as more personal tax consultancy for individuals.

At 3,300 sq ft, the new Tyneside offices on Queen’s Court, Team Valley, are significantly larger than the company’s previous premises in Kingsway House, where it has been based for the past decade.

The firm also has an office in Darlington covering the Tees Valley and County Durham region.

The increased space will also enable the company to take on apprentices and recruit new professionals this summer to join the current team as it looks to increase its range of services.

Richard Tait said: “The new move marks a major step in our growth plans at Inspire, giving us much greater capacity to expand our team in the coming years. We want to create a number of jobs during 2014 and are kicking this off with a recruitment drive this spring, followed by key management appointments this summer.”

In order to purchase the new premises the company approached Lloyds Bank Commercial Banking for a loan under the Government-backed Funding for Lending Scheme (FLS).

Richard said: “The support from Lloyds Bank Commercial Banking has been key to securing the move to the new premises, as well as in launching our new website and expanding our team.”

Dave Gilroy, business development manager for Lloyds Bank Commercial Banking, said: “Inspire Financial Management is a great example of a regionally-based firm that is successfully growing in a competitive sector, and the new expansion is great news for both the company and the local area in which it is creating jobs.

“We work closely with our customers to ensure that we’re able to offer them the most suitable support for their growth needs, and through the FLS we offer companies a discount of one per cent for the life of the loan.”

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