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Top 30 Accountancy Firms UK 2023-2024

Welcome to the Accountancy Today Top 30 accountancy and advisory firms for 2023-2024.

Each year we collate the financial results and official reporting of the top acccounting firms and practices from across the UK, and display them ranked by revenue. We also record data for the number of employees, number of partners, revenue per partner, and other data points.

The best performing accountancy firms list and league table is based on our research and is subject to updates, corrections and amendments.

This year the standout figures (from the latest figures available for each firm) are as follows:

Top Performers by Turnover

  • PWC leads with £5.8 billion, followed closely by Deloitte at £5.6 billion.
  • EY and KPMG also have significant turnovers at £3.8 billion and £2.96 billion respectively.

Growth Leaders

  • Azets displayed the highest growth rate at 19.07% year-over-year.
  • PWC, EY, and BDO each reported strong growth at 16%.

Revenue Efficiency

  • Deloitte stands out with the highest revenue per partner at £8.75 million.
  • KPMG, BDO, and Mazars also have notable efficiency with revenues per partner at £3.6 million, £2.25 million, and £1.95 million respectively.

Employee and Partner Numbers

  • Deloitte and PWC have the largest workforces, each employing over 26,000 people.
  • EY has the highest number of partners at 1,701, while PWC and Deloitte have 1,057 and 640 partners respectively.

Declines and Challenges

  • Cooper Parry experienced a significant turnover decline of 36.80%.

If your firm is listed on this table and you have more recent data to share, or if you think we have made any errors, please get in touch with us with the relevant official records and we will be happy to amend.

Firm Annual Turnover £m % Change YOY UK Employees No Partner No Revenue per Partner £m Report End Date Latest News
1. PWC £5.8bn 16% 26,000 1,057 5.49 30/6/2023 PWC News
2. Deloitte £5.6bn 14% 26,500 640 8.75 31/5/2023 Deloitte News
3. EY £3.8bn 16% 21,136 1,701 2.22 31/10/23 EY News
4. KPMG £2.96bn 9% 17,239 833 3.6 30/9/2023 KPMG News
5. BDO £955m 16% 7,500 441 2.25 30/6/2023 BDO News
6. Grant Thornton £610m 12% 5,104 212 31/12/2022
7. Evelyn Partners £600m 7% 3,600 430 1.4 31/12/22
8. RSM £486.3m 13% 4,700 356 1.37 31/3/2023 RSM News
9. Azets £361.6m 19.07% 3,916 379 0.95 30/06/2023 Azets News
10. Mazars £335m 16% 3,273 171 1.95 31/8/2023 Mazars News
11. Moore Kingston Smith £220.1m 14% 2,150 206 1.06 30/4/2023
12. Crowe UK £144m 13% 1400+ 98 1.46 31/3/2023 Crowe News
13. MHA £140.90m 19.00% 1740 122 1.15 31/03/2023 MHA News
14. Begbies Traynor £121.8m 11% 1,051 80 1.52 30/7/2023
15. Haines Watts £111m 6% 1,110 89 1.24 31/3/2023
16. Xeinadin Group £106.8m 9.53% 1,437 93 1.14 31/5/2023
17. Saffery Champness £105m 17.04% 903 83 1.26 31/3/2023
18. FRP Advisory £104m 9% 551 78 1.33 30/4/2023
19. UHY Hacker Young £74.0m 17.30% 858 73 1.01 30/4/2023 UHY News
20. Buzzacott £71.9m 16% 602 52 1.38 30/9/2023 Buzzacott News
21. PKF £67.0m 26.77% 470 36 1.86 31/5/2023 PKF News
22. Menzies £58.4m 15.90% 579 45 1.3 30/6/2023 Menzies News
23. Haysmacintyre £52.3m 14% 565 39 1.34 31/3/2023
24. Kreston Reeves £44.5m 11.23% 462 47 0.95 31/5/2023
25. Bishop Fleming £38.2m 15.11% 463 42 0.9 31/5/2023
26. Quantuma £36.4m 6.60% 249 41 0.89 31/05/2023
27. Armstrong Watson £35.5m 14% 553 36 0.98 31/3/2023
28. Hazlewoods £34.0m 0% 490 39 0.84 30/4/23
29. Price Bailey £31.3m 4.60% 349 26 1.2 31/3/2023
30. Cooper Parry £24.2m -36.80% 344 104 0.23 30/4/2023

Understanding the data

Here are our reflections on the trends in the data.

  1. Efficiency Variability Among Firms: There’s a stark contrast in revenue per partner among the firms, suggesting different levels of operational efficiency or strategic focus. For instance, Deloitte‘s £8.75 million revenue per partner is significantly higher than others, pointing to a highly effective partner contribution or a focused strategy on high-margin services.
  2. Sector Resilience and Growth: Several firms exhibit double-digit year-over-year growth rates despite varied economic conditions, indicating resilience and possibly successful adaptation to market demands or digital transformations.
  3. Scaling vs. Boutique Models: The data also hints at different business models, with larger firms having lower revenue per partner compared to some smaller firms. This could suggest a scaling model for large firms focusing on expanding services and client bases, versus boutique firms that might focus on specialized, high-value services.
  4. Workforce and Partner Ratios: The varying ratios of employees to partners across firms could be indicative of differing operational models or levels of leverage. For example, EY, with the highest number of partners at 1,701, has a lower revenue per partner, possibly due to a higher leverage model where more employees support each partner.
  5. Market Position and Niche Focus: Firms like Azets and PKF, which show significant growth, might be exploring niche markets or specialized services that have higher demand, setting them apart from competitors and allowing for rapid growth.
  6. Economic Impact Considerations: The overall robust turnover figures across these firms also suggest a significant contribution to the UK’s professional services sector, indicating its critical role in the broader economic landscape.
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