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Banbury accountancy practice merges with Top 40 UK firm

The Business Magazine article image for: Banbury accountancy practice merges with Top 40 UK  firm
10 March 2023

Streets Chartered Accountants, a top 40 UK accountancy practice, has established Streets Eadie Young Chartered Accountants.

The announcement follows the merger of the Banbury practice, Eadie Young Chartered Accountants with Streets Chartered Accountants, a mid-tier multi regional practice.

Doug Eadie, Director, said: “This combination is a great match, both in terms of client focus and cultural fit. Now that Eadie Young is part of a larger practice we can confidently promise greater continuity of service to our clients and improved career prospects for our team.

“We also believe that our clients will benefit in that the combined firm will be able to offer a wider range of services including areas of specialist corporate and private client tax planning, international advice and personal financial planning.”

Nathan Bignell, a fellow Director with Eadie Young, becomes Streets Eadie Young’s Managing Director.

He said: “This is an exciting change and supports the rapid growth we have seen as a firm over the past decade. We are now able to offer a much-enhanced service to both existing and potential clients whilst still being able to provide the personal, responsive assistance our clients require, essential in any modern practice.”

Streets, Managing Partner, Paul Tutin, said: “With Streets’ existing offices across eastern and central England we have been looking to establish a presence in Oxfordshire. With our presence now in Oxfordshire along with existing offices in Cambridgeshire, Northamptonshire and Bedfordshire we are very much part of the Oxford-Cambridge Arc.

“Whilst we considered opening a new office in the county, we really wanted to join up with another like-minded firm. We were therefore delighted to enter into a conversation with Eadie Young. Very early on in our discussions it was clear that we shared the same vision and values for the profession and for supporting our clients.

“By coming together both Eadie Young and ourselves will be able to capitalise on our respective expertise and will be better placed to grow, develop and support the needs of both existing and future clients. We also feel that the merger brings exciting opportunities for our team members and for new recruits who can join a progressive and expanding practice. With the Streets Eadie Young office in Banbury, we now have 20 offices from Manchester in the north to Brighton in the south.

“Whilst many large firms have moved to more regional models, Streets remains committed to and focused on looking after clients that live, work, and operate businesses in the local area. This approach is very much at the heart of our strategic focus for growth, which is likely to include further mergers of like-minded firms. Our aspiration is to become a top 20 UK practice by 2030.”

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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