20 Nov 2014
Grenfell James Accountants and Accountax Services have joined together to become Grenfell James Associates after board members identified the opportunity to combine the two companies in order to expand the services on offer to its clients.
Both firms have a long history in Warwickshire, with the two businesses operating for more than 20 years each, building up a combined client base of more than 500 customers across the UK.
As a result of the merger, turnover is expected to increase by 30 per cent this year.
Chris Wood, director at Grenfell James Associates, said: "The combination of the two companies is a positive move for both businesses as it will allow firms to combine the differing expertise and knowledge to offer an even greater level of support and service to clients.
"As a result of the merger, we now offer a full suite of accountancy services from book keeping to outsourced finance director roles, as well as a specialist tax department, HMRC investigation protection and wealth management services."
To help fund the merger, the board approached Lloyds Bank Commercial Banking which provided the business with a working capital facility, enabling it to successfully rebrand the business.
Mr Wood added: "We have had a relationship with Lloyds Bank Commercial Banking for more than 20 years and the bank has continually supported us throughout the business' growth and development.
"The working capital facility has been a vital support during the merger, contributing towards the combination of the two companies
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Chris works with a diverse profile of owner managed businesses to assist them to grow and retain wealth. Although Chris works with clients from a wide range of sectors, he has particular expertise in property, catering, consultancy and professional services.
Managing Director ACMA
Alex has worked for Grenfell James since 2002 and became a director in 2013. Overseeing our internal operations, he manages the flow of work and ensures we hit our strict deadlines. Alex also manages a portfolio of clients, with expertise in manufacturing and service businesses.
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David has worked for Grenfell James since 2006. He heads up our tax team and is highly experienced with expertise in different industries and sectors.
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