‘Best company to work for’ accolade for Bishop Fleming as it hits acquisition trail again

January 4, 2016
By

West of England accountancy firm Bishop Fleming, which has an office in Bath, has been named as one of the UK’s best employers.

The firm has gone straight into the Sunday Times list of the 100 best companies to work for on its first application.

Britain’s first accountants to gain the Investors in People accreditation and an ‘outstanding’ accreditation for Investors in Customers, Bishop Fleming has been awarded two stars in the Sunday Times list, rating it as ‘outstanding’. The table is due to be published on February 28.

Managing partner Matthew Lee said: “Our ethos of nurturing our own people has been amply rewarded by successive monitoring by Investors in People, Investors in Customers, and now the Sunday Times’ Top 100 best companies to work for.”

Bishop Fleming’s appearance in the list comes as it completes the acquisition of long-standing Bristol accountants Whyatt Pakeman in a move that creates the city’s largest independent accountancy office.

One partner and 13 staff from Whyatt Pakeman have relocated to Bishop Fleming’s Bristol office – taking it to a six partner, 61 staff operation.

Whyatt Pakeman was formed in 1870 under the name of Edward Thomas Collins. It advised small businesses and individuals in areas spanning tax, payroll, audit and bookkeeping from its office in Clifton and was a member of the UK200Group of independent accountancy and law firms.

Bishop Fleming, which also has offices in Exeter, Plymouth, Torquay, Truro, and Worcester, has expanded in recent years through acquisitions and strong organic growth.

Matthew Lee added: “Whyatt Pakeman is a well-established firm with a great reputation and a perfect fit with our Bristol office team. They share our determination to deliver superb service to owner-managed businesses.”

Turnover at Bishop Fleming – twice listed as Britain’s fastest-growing accountancy firm – grew by more than 5% to £17.5m in the past year. It also recruited 80 more staff. Following the Whyatt Pakeman takeover, the firm has 29 partners and 310 staff.

Further acquisitions could follow this year, according to Mr Lee. “Our primary focus, and success, is centred on organic growth at each of our offices, but we are alert to the opportunities for suitable mergers and acquisitions to bolster that growth plan,” he said.

The firm has made strategic acquisitions in Bath and Worcester in recent years – the former by snapping up part of failed Bath-based accountants Target.

 

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