Haines Watts
Background
In 1930, Cyril Haines Watts qualified as an accountant and soon managed to acquire his first clients. By the 1940s, his operation had expanded to his first office which later grew into a larger premises, recruiting two members of staff.
Following its first major acquisition, the firm’s purview extended to tax and mechanised bookkeeping services. Since that time, Haines Watts has provided accounting and financial advisory services to various clients and companies over the last 90 years.
Currently, Haines Watts is listed as one of the UK’s top 15 entrepreneurial accountants and business advisors and has over 50 offices nationwide, providing around 100 specialist services. Its team of over 1,000 employees across the country advise an estimated 35,000 businesses on issues relating to tax, auditing and other financial matters.
Over the years, the firm has grown the amount of services it provides from dealing with business processes to advising clients on tax. Its tax advisory service includes personal, corporate and international tax planning, including wealth planning and corporate tax investigations.
Haines Watts’ business advisory services include legal and forensic support, talent management, expansion advice and support with acquisitions.
Financials
In March 2023, the firm posted a 6% increase in revenues to £111m.
Recent Coverage
Haines Watts has appointed Clare Boden to its Bristol office as its new corporate tax director.
Boden joins from Evelyn Partners after previous roles with the likes of Ernst and Young and Dyson.
She brings expertise from real estate, tech and construction sectors to her role which will see her advising owner managed businesses in respect of corporate tax planning, restructuring and transactions.
The news follows the promotion of Conor O’Sullivan to director late last year, leading the office alongside other partners Andrew Jordan and Matthew Bracher.
The firm has confirmed a number of appointments and promotions, as it continues to invest in local people across Newcastle and Darlington.
The firm welcomed 15 new appointments in this financial year alone, eight of which are graduates and school leavers. The new starters join across a number of specialist service lines including audit, accounts, tax incentives and reliefs, corporation tax and VAT.
Cooper Parry acquired Haines Watts London and its associated audit and advisory businesses across the South East and the Midlands.
The deal sees Cooper Parry add 11 offices across London, the South, Birmingham and the Midlands to its existing portfolio
As a result of this deal Cooper Parry increased its workforce to 1,150 and propelled turnover to £125m.
The move follows Cooper Parry’s previous acquisitions of London-based companies iHorizon and Acclivity, both in February, and Future Perfect in April 2022.
The firm has also continued to strengthen its offering in Leeds with the appointment of Sophie Kwiatkowski as an associate appointment.
Kwiatkowski joins the team with nine years’ experience, where she has developed a particular specialism and passion in supporting dentistry professionals.
She also joins after the firm recently moved into its new custom-designed office in the heart of Leeds city Centre.
Additionally, it has announced the appointment of Alex Butterfield as the firm’s new Nottingham director.
He joined the firm in 2018 after becoming ACA-qualified with a Big Four accountancy firm and having many years of experience in the SME and audit sector.
Prior to his appointment, Butterfield was senior manager in the Nottingham office for a number of years where he gained experience in dealing with every aspect of our existing client portfolio.