Streets Chartered Accountants
Background Summary
Founded in 1907, Streets is a firm of chartered accountants that has supported the accountancy, tax, financial, and business advisory needs of its clients for over a century.
The group acts across 15 offices in Bedford (Wyboston Lakes), Brighton and Hove, Cambridge, Grantham and Newark, Hull, Lincoln, London, Manchester, Newmarket, Northampton, Peterborough, Sheffield, and Stevenage.
Some 57 partners and over 240 staff members work at Streets, under the leadership of Paul Tutin, chairman and managing partner at the firm. it currently has 23 offices across the UK.
Despite trading under the umbrella of Streets Chartered Accountants, the group is registered under a raft of different names, including Streets, Streets Northern, Streets Whitmarsh Sterland, Streets Audit, Streets Tax, and Streets London.
As a full-service firm, Streets offers audit and assurance services, indirect and direct tax advisory and compliance services, as well as corporate finance and employment tax advisory services to its clients.
The group also provides a range of less traditional offerings, including corporate governance, foreign exchange, insight, Making Tax Digital (MTD), probate, payroll services, registered office, self-assessment, HR, forensic accounting, and cloud accounting.
As for the industries and areas that Streets brings expertise to its clients in, these stretch across agriculture, bloodstock and equestrian, charities, education, healthcare, international trade, manufacturing, family businesses, private clients, property and construction, professional sports, startups, and solicitors and law firms.
Streets also gives international compliance and advisory services for those trading overseas through SBC Global Alliance, the group’s own international association of specialist advisory firms.
Financials
For the financial year ended 30 June 2023, PKF Smith Cooper has decided not to disclose its profit and loss account as part of an audit, so any definitive financial results are unavailable. Yet, the firm claims to have an annualised fee income of £26m.
The number of people employed throughout the year by the firm amounted to 38.
Recent coverage
In January, Streets Chartered Accountants welcomed tax specialist Andrew Cockman to its practice as a tax partner, bringing extensive experience in private client and trust-related taxation from big 5 and top 10 accountancy firms, with a focus on tax planning for non-UK domiciliaries, inheritance tax, and capital gains tax consulting, aiming to enhance the firm’s high-end tax advice and planning services across its 23 offices.
In October 2023, he firm merged with cloud specialist Steele Financial to form Streets Steele Chartered Certified Accountants, expanding its service offerings to include cloud and digital accounting while facilitating Steele’s access to a wider client base, following previous mergers with Streets Eadie Young in Banbury, Oxfordshire earlier this year and Streets Whittles in Colchester, Essex last year, alongside plans for further growth through new office openings and ongoing merger discussions, now boasting 23 offices nationwide.
In September 2021, Streets merged with Luton-based accountancy practice SJ Males and Co, forming Streets SJ Males to enhance professional advisory services in the region, with Alan Endersby leading the operation to expand into surrounding areas.
In April 2021, it expanded its expertise in the bloodstock industry by forming Streets Bloodstock through the merger of Mill House Bloodstock Services and Peppits Accountancy, positioning itself as one of the few firms nationwide offering assurance and tax advisory services to clients in this sector, with plans to attract clients nationally and internationally.
In March 2021, Streets announced a strategic partnership between banking and finance consultant Martyn Shakespear and Streets Financial Consulting plc, leveraging Shakespear’s extensive experience to provide banking and funding support to businesses across sectors, enhancing the firm’s financial consulting services.