Woking: Menzies breaks the £40 million barrier

Menzies LLP, the Woking-based accountancy firm with offices across Surrey and Hampshire as well as in London, has celebrated reaching a turnover of £40m for the first time. This comes after a year of outstanding growth following the merger with Harris Lipman in July 2015, the turnover being a 20% increase on the previous year’s results, of which 6% is organic growth. 

In consequence, the firm has increased its headcount by a third by welcoming more than 100 new recruits to the team, including 37 trainees who join the Menzies’ Academy where they have the opportunity to study for a broad range of professional qualifications. Additionally, rewarding the commitment and focus from the team has seen 36 internal promotions and 67 people undertake professional-training programmes available through the Academy. 

In addition, the firm’s Brighter Thinking rebrand has helped to consolidate messaging and unify the entire workforce across its eight offices to provide a fresh and consistent approach to business.

Julie Adams, senior partner at Menzies, said: “The firm has grown not only by acquisition, but organically too, which is testament to the hard work and commitment of the entire team. Due to the merger and additional specialisms that we have developed, we’ve opened our existing clients to a wider range of services while allowing the firm to pursue business across a broader spectrum.

“Our clients are now seeking a single solutions provider to cater for their business needs and not only from an accountancy perspective. As a result, the role of ‘non-accountants’ has become all the more important, particularly amongst our payroll and HR service offering.”

Heather Garrett, HR director at Menzies, said: “Despite the need for new blood, our people-development strategy, which is largely run through the Menzies Academy, focuses on shaping our existing team into well-rounded professionals with a blend of technical, commercial and leadership skills. We are big enough to offer career development and breadth of opportunity, but small enough to maintain a sense of fun and community.”