PKF Smith Cooper
Background Summary
Since 1985 PKF Smith Cooper has been one of the leading Midlands-based accounting and advisory firm. The business currently has offices based in London, Newcastle, Leicester, Telford, Cambridge, Ashbourne, Birmingham, Nottingham and Derby.
Known primarily for its work in the Midlands, where its four key offices are based, the firm has been named as the Medium Accountancy Firm of the Year by ICAEW and the SME Advisory Team of the Year by Insider.
Furthermore, the PKF Smith Cooper group of companies expands the firm’s purview to include professional advisory services outside of accountancy. These include IT managed service provider Infuse Technology, Infuse Security, Smith Cooper System Partners and Smith Cooper Independent Financial Solutions.
The firm is also a member of the Alliott Global Alliance, an award-winning alliance of accounting, law and consulting firms, which has assisted in the business’ expansion efforts, while remaining cost-efficient, and compliant with laws and regulations.
PKF Smith Cooper provides a variety of accountancy and financial services to its many clients from various sectors of business, including the hospitality and engineering sectors. These include, but are not limited to:
- Accounts and audit work – including compliance services, management accounting, internal and external auditing, and forensic accounting into fraudulent financial activity and misrepresentation
- Tax services – including work relating to corporate tax, personal tax, VAT and indirect tax, and employment tax
- Outsourcing services – including HR consultancy, payroll services, IT support, management accounting and bookkeeping services
- Business recovery and insolvency services – services are available to clients who are creditors, directors, shareholders, solvent entities and individuals with debt problems
Financials
For the financial years ended 31 March 2024, PKF Smith Cooper has not to disclose its profit and loss account as part of an audit, so any definitive financial results are unavailable.
However, the firm saw its group revenue increase by 25% to £19m and profits were up from the previous year, in 2019. This emphasises the company’s exponential growth prior to the pandemic.
Recent Coverage
Recently, PKF Smith Cooper has appointed Jack Bonehill and Sam Parker-Hully as directors in their tax division.
Bonehill brings nine years of expertise in employment tax, having previously worked in the Midlands accounting sector and earned recognition with Tolley’s Taxation Rising Star award in 2023. He will support clients in managing their employment tax obligations and looks forward to advancing his leadership skills in his new role.
Parker-Hully, with over a decade of experience from leading firms, will focus on advising clients on maximizing tax relief on fixed asset expenditure, particularly in complex areas related to commercial property.