Azets Gloucester celebrates one year in new office with increased annual turnover

Published by

Peter Davison

Accountancy and business advisory practice Azets Gloucester is on track for increased annual turnover after celebrating one year at a new office.

Azets’ merged the Cheltenham and Gloucester offices last year due to a period of significant growth.

Having been at the new office in Gloucester Business Park for a year, the team is forecasting 30 per cent growth in revenue, to in the region of £6 million in 2023.

Azets Gloucester has welcomed 18 new starters since March 2022, as well as making 18 promotions within the team. The team consists of 77 staff, including seven partners.

Service lines at the office include accounting, audit, tax, payroll, advisory and outsourcing. Sectors range from property and construction to technology and charities.

Claire Clift, Office Managing Partner at Azets Gloucester, said: “It’s been great to see how quickly everyone has settled into the office, and how the drive for growth has continued, despite the continually challenging backdrop of the economic landscape.
Our transition to a hybrid working model has encouraged agile working and we’ve created a digital, paperless setup to make it easier for clients, whilst also monitoring our environmental footprint.

"Our staff are at the forefront of what we do, so there’s been a large focus on staff wellbeing and appreciation, with initiatives such as YuLife employee benefits and a talent development programme.

We’re still committed to providing a seamless service for small-to-medium size firms and are continuing to grow our team to match demand, with five trainee placements already filled for later in the year.

The 30 per cent growth from the office is testament to the team’s hard work and drive, and I want to thank all of those involved in making our first combined year, such a success.”

The team have spent the past year fundraising for a number of different charities, including The Nelson Trust, Turkey and Syria Earthquake Appeal, Heart Heroes, Children in Need and MIND, with activities such as coffee mornings, Movember, dress down days, food bank collections, a Santa’s Grotto raffle, and a 100km challenge.

Azets Gloucester is developing a partnership with Cirencester College, to support students working towards accountancy T-Levels.

Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country. An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts. Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.