Whitley Stimpson, one of the largest independent accountancy firms in the area with offices in Banbury, Bicester, High Wycombe and Witney, has been officially ranked as one of the country’s top accountancy firms by the prestigious Accountancy Age 50+50 survey.
Released on 5th September 2016, the 2016 Accountancy Age Top 50 + 50 issue features the Top 100 Accountancy firms in the UK and is recognised as the UK’s most comprehensive breakdown of accountancy sector performance. To achieve the national honor, Whitley Stimpson’s revenue and growth were measured against accounting firms throughout the country. In the latest 2016 list, Whitley Stimpson’s fee income grew by 11.6% on the previous year to join the top 100 in 88th place – eight places higher than the 2015 list.
Speaking of being named as Top 100 Accountancy firm, Malcolm Higgs, director at Whitley Stimpson said: “This ranking acknowledges our work for a wide variety of private and business clients and it’s thanks to our clients and colleagues that we continue to be a leading independent accounting firm. We continue to grow our firm by providing excellent client service and retaining the very best talent in the industry.”
Accountancy Age 50+50 is the most hotly anticipated survey in the accountancy sector. It rates firms on operating profit and fee income. This year the survey shows that the Top 50 firms increased their fees to £12.8bn, up nearly a billion pounds from £11.9bn in 2015. A fifth of the Top 100 firms saw their fee income fall, or grow by less than 5%. One in ten of the firms were new entrants into the table, indicative of ongoing merger and acquisition activity taking place in the market.
“The survey shows that the UK’s top accountancy firms are continuing to navigate a very uncertain world,” said Accountancy Age head of editorial Kevin Reed.
“But their journeys are all different. Many firms have maintained static performance and left their partner numbers unchanged. Others have grown fees, but through acquisition. Yet the Big Four, which have faced criticism from investors, parliament and governance commentators over their audit, tax and insolvency offerings, continue to invest and grow.”
Consistently ranked in top 100, Whitley Stimpson is also listed as one of the top ten accountancy employers in the country and is now in line for the overall Best Company Award, which will be announced in November this year.
Whitley Stimpson is noted for high service levels for businesses and individuals, including specialisations in areas such as education and agriculture, and supports the community through sport and the arts across Oxfordshire and Buckinghamshire.
For further information or to speak to one of Whitley Stimpson’s accountancy experts, please call 01295 270200 or visit www.whitleystimpson.co.uk