Buzzacott
Background Summary
Buzzacott is a UK ‘Top 20 accountancy firm’, which dates back to 1919 when it was founded by Fred Buzzacott – a munitions accountant during the First World War.
Eventually, in 1966, Watson Regan and Co was formed and purchased the Buzzacott firm in the same year. In 1972, the firm, which operated as Buzzacott, Vincent, Watson, Kilner and Co, shortened its name to ‘Buzzacott and Co’. Then in 1978, accountancy firm West Wake Price split in two and half of the practice moved to Salisbury Square House, London, and joined Buzzacott and Co.
In the 1990s the firm began to introduce new specialisms including charity services and private client services. In the 2000’s, the company made the decision to shorten its name to just ‘Buzzacott’. The current CEO of Buzzacott is Tony Hopson.
Buzzacott offers a range of services to its clients. Namely, audit, corporate finance advice, outsourcing, and tax. They also offer special services which include:
Benefits and pensions: A service for employers, which helps in setting up tax-efficient perks, incentives and pension schemes that reward and motivate staff.
HR or people issues: A service for employers, which helps advise how best to handle any HR issues they may face. Including recruitment, personal development and planning future steps for the company.
Raising funds: Helps with corporate finance transactions, buying, selling or merging a business, R&D tax credits and company secretarial services.
Investment: Offering investment strategies to individuals, and helps organisations plan for profit.
Expat tax advice: Helps world citizens manage their finances and stay compliant.
Divorce: Helps individuals deal with the financial impact of divorce. Advises clients on wills and estate planning, tax planning and valuations.
Financials
Buzzacott reported an annual turnover of £71.9m for the year ended 30 September 2023, which shows a rise of 14% year-on-year compared with the previous year.