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Gloucestershire Business News

Happy first birthday! Azets enjoy 30% boost

A year into operations from a new office, an accountancy and business advisory practice in Gloucestershire is on track for a significant turnover boost.

Azets merged its Cheltenham and Gloucester offices last year in the wake of "a period of significant growth".

And having been at the new office in Gloucester Business Park for 12 months, a forecast 30% revenue growth is now set to bring turnover to around £6m for 2023.

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, while also monitoring our environmental footprint."

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.­­

"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."

She added: "The 30% 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 has 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 also developing a partnership with Cirencester College, to support students working towards accountancy T-Levels.

In the UK, Azets is a top-ten accountancy firm and employs more than 3,800 people, with 88 offices nationwide. Overall, the company has 7,600 staff supporting more than 100,000 clients through a network of 187 offices in the Nordics, UK and Ireland.

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