Member Article

Independent accountants boost growth with acquisition and major client win

Manchester-based independent accountancy firm Leavitt Walmsley Associates Ltd (LWA), has acquired Warrington practice Moore Hill Accountants and strengthened its own book with the instruction for audit and accounts from a regional chain of restaurants.

The purchase of Moore Hill Accountants comes after its Director, Sean Moore, announced his retirement and put the business up for sale.

Based on Birchwood Business Park and within the local vicinity for LWA, the acquisition is timely, according to the firm.

LWA’s Managing Partner, Les Leavitt, said: “Our turnover has been on the up in recent years and in the first six months of 2014 alone it’s grown by 12%.

“We’re extremely proud of our growth mainly through client recommendations, and I’m confident we have maximised the opportunity to boost our growth through the purchase of this well-established practice.”

Les Leavitt, and the firm’s Technical Director, Steve Collings, will now focus on building relationships with the clients of Moore Hill, in line with their personal approach to fulfilling the financial and business advisory needs of LWA’s own client base.

LWA has also enjoyed a number of key client referrals including the regional Brazilian format restaurant chain Tropeiro.

Jamie Doyle, Finance Director of Tropeiro, said: “LWA were up against some larger practices at the proposal stage but we we’re highly impressed by the level of expertise, confidence and genuine passion from both directors.”

Adding to their recent successes, the firm has been shortlisted in two categories at this year’s British Accountancy Awards – Independent Firm of the Year Scotland and North England, and Steve Collings for Practitioner of the Year.

The winners of these industry awards will be announced on Tuesday 25th November at The Brewery in London

Since the early 1990s, LWA have been building a solid reputation in the North West, as well as on a global scale through the success of Steve Collings’ published books and award wins.

This was posted in Bdaily's Members' News section by Simon Malia .