Turnover forecast to rise to £6 million at Gloucester accountants

An accountancy and business advisory practice in Gloucestershire is on track to increase annual turnover by 30 per cent to £6 million.

By Andrew Merrell | Published Thursday 27 April 2023

Azets now employs 77 staff in Gloucestershire and has further plans to expand in 2023.

A firm of accountants, which merged its Gloucester and Cheltenham offices just over a year ago, has revealed it expects turnover to grow 30 per cent in 2023.

Azets, which moved into new offices on Gloucester Business Park in April 2023, said it expected revenue to grow to £6 million.

Since March 2022, the firm has taken on 18 new starters, made the same number of promotions and now employs 77.

Azets's specialisms include accounting, audit, tax, payroll, advisory and outsourcing for companies in sectors ranging 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.

‘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.’

Azets staff have spent the past year fundraising for different charities, including The Nelson Trust, Turkey and Syria Earthquake Appeal, Heart Heroes, Children in Need and MIND and the company is also developing a partnership with Cirencester College to support students working towards accountancy T-Levels.