Kilsby Williams appointed as Poundstretcher auditor

Kilsby Williams, a South East Wales-based accountancy firm, has been appointed to audit national retail chain Poundstretcher.

The deal will see the group, which specialises in providing a variety of audit solutions for businesses, also advise Poundstetcher on tax matters.

Kilsby said that its “expert knowledge, technical ability, and experience advising companies in the retail sector” led to its appointment.

Ataf Salim, partner at the accountancy firm, said: “We are thrilled to be working with Poundstretcher, using our expertise to support their growth plans. 

“As an experienced, independent firm, we are pleased to be able to offer Poundstretcher a more personal and quality service that suits their needs.”

Founded in 1981, Poundstretcher operates with a 370-store portfolio across the UK, including 26 Welsh shops.

The employer of over 6,000 staff members is also aiming to further extend its presence across the country.

Azaz Tayub, CEO at the retailer, said: “We enjoy working closely with Kilsby Williams, who take our account very seriously and endeavour to share their expertise with us. 

“We’ve been lucky enough to open brand new stores during the current pandemic and have relied on Kilsby Williams to support our success. We feel secure with our brand in their capable hands.”