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Douglas Home and Co announces new Penrith expansion

Douglas Home and Co announces new Penrith expansion

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Agriculture accountancy firm Douglas Home and Co has moved into a new office space in Penrith Auction Mart.

The firm said that the move follows the continued success of its specialist agriculture accountancy team and will help it match growing demand in Cumbria.

The office features a space for around 25 staff members and offers an accessible agri hub for rural business and farming clients in the area.

It becomes the latest addition to the company’s location portfolio, which spans across the Scottish Borders, Edinburgh, East Lothian and north-east England.

Douglas Home and Co stated that now in its 40th year of operation, it expects the new location will boost its efforts to expand its client base and internal team of agricultural accountancy specialists.

Victoria Ivinson, director and head of Agriculture at Douglas Home and Co, said: “Expanding our presence in Cumbria has always been a massive ambition for us as a business, and we’re very happy to see that become a reality.

“It really is an ideal location for us too. Penrith Auction Mart is a cornerstone of the local farming community, welcoming brilliant rural businesses all year round. It’s a proud moment to be the latest addition to the space.”

She added: “There is no doubt it is a particularly testing time for the agricultural industry, with farmers and rural businesses battling everything from labour costs to the impacts of Brexit and the reduction in government subsidies.

“That being said, as we grow our specialist agriculture team, we’re confident we can prepare farmers and rural businesses to be best placed during what is a turbulent time. We’re hoping that the new Penrith office will become a hub for agribusinesses looking for accountancy and tax guidance, together with a truly proactive service. We are also hoping to attract budding accountants in the area who want to join our team.”

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