bk plus acquires accountancy practice Riches and Co. in UK

UK-based accountancy institution bk positive radical has acquired Riches and Co. Accountants, a chartered signifier based successful Cobham, Surrey.

Riches and Co. was founded successful 1979 and is led by elder spouse Richard Bolton.

The institution provides partner-led proposal to a wide premix of clients, from backstage individuals to companies with a turnover of much than £60m ($80.7m).

Its services screen statutory accounts and audit, firm and idiosyncratic taxation planning, VAT, payroll and enactment for concern start-ups.

Following the acquisition, Bolton and his squad volition stay successful spot and proceed to run from the Cobham office.

Bolton said: "We person been successful Cobham for implicit 45 years. We cognize our clients well, and they cognize us. Joining bk positive was the close move, and we took our clip to beryllium definite of that earlier committing.

"Our clients volition announcement precise small quality successful however we work. Same people, aforesaid approach, aforesaid level of service. What they volition person entree to is simply a broader scope of specializer enactment erstwhile they request it.

"Corporate finance, restructuring, analyzable taxation planning, it is each determination if a lawsuit needs it. That is simply a amended presumption to beryllium successful than before, and that is bully for the radical we enactment with."

bk positive said the woody strengthens its increasing beingness successful the South East and is successful enactment with its absorption connected acquiring established, locally rooted operators.

bk positive CEO Shaun Knight said: "Riches and Co. is precisely the benignant of steadfast we look for. They person been doing this for implicit 45 years, they person a lawsuit basal that spans a genuinely awesome range, and they person done it each portion maintaining the benignant of personal, partner-led work that clients really value.

"Surrey and the wider South East stay important markets for us, and adding a signifier of this calibre successful Cobham strengthens our presumption determination considerably. We are delighted to invited Richard and the team."

bk positive said it intends to proceed gathering its nationalist footprint. The institution present has much than 58 offices and successful excess of 1,000 unit crossed the UK, providing enactment to tiny and medium-sized enterprises and owner-managed businesses.

Earlier this month, bk positive appointed Peter Herberts arsenic manager of its restructuring and insolvency practice.

"bk positive acquires accountancy signifier Riches and Co. successful UK" was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.