PKF Leeds team generates over £1m since launch last year

Audit and accountancy firm PKF has created 20 new jobs and generated over £1m revenue in the last 12 months in its new financial services team in Leeds.

Set up a little over a year ago, and spearheaded by new financial services partner, Martin Watson, PKF sought to “capitalise on the region’s dominant position as the leading financial services hub outside of London and provide a credible alternative to the ‘Big Four’ in the region”.

The local team is made up of experts in accounting, audit, restructuring, and actuarial, and the firm intends to continue growing the team in each of these fields over the next 12 months, as well as expand its Tax practice.

The business is on track to meet its three-year ambition of building an office of 50 people.

Martin Watson, financial services partner at PKF, said: “Financial services companies were telling us they wanted a credible alternative to the ‘Big Four’ in the region; they were crying out for more choice. The pace at which we’ve grown our new business has exceeded our expectations and bears this out. We’re really encouraged that so many Northern companies have chosen to work with us.”

James Sleight, a partner in PKF’s Leeds Office, added: “The growth we’ve already achieved and our pipeline of opportunities reaffirms our decision to invest in Yorkshire. You only need to look around to see the buzz in the region and recent investments such as the new Bank of England hub reflects the region’s dominant position in financial services.

“We’re all proud of what we’ve been able to deliver so far and look forward to continuing to play an important part in the expansion of PKF service lines in Yorkshire and the surrounding regions.”