The firm was formed in 1912 and is now one of leading practices in the south east of England.

A member of Praxity, the international alliance of accounting firms, Menzies is positioned at 20 among the UK’s top 50 firms with a fee income of £30.2m.

The firm specialises in advising owner-managed businesses, professional partnerships and private individuals and also advises clients based in China.

In April 2007 Menzies expanded its expertise in private client and wealth management work through its merger with Callingham Crane.

In 2005 the firm pushed it ahead of rival Chantrey Vellacott following a merger with Heathrow practice Bolton Colby, boosting fee income by £2m to £25.4m.

The firm has performed high profile work, such as that of lead adviser in the the £6.5m management buy out of digital mixing console business DiGiCo, whose customers include Madonna and Kylie Minogue.

But the firm drew negative speculation in August 2006 after it was publicly attacked in a letter published by the national business newspapers.

Menzies was drawn into the debacle after the Warren Tayler, chairman of AIM-listed company Themutual.net criticized accountants for being inefficient and political cowards.