Menzies

Menzies

The 20th largest firm continues to grow despite strong public criticism from a client last year

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.

Tayler lambasted the auditor of the company for being unable to explain ‘the
nonsense of our company having to employ two sets of accountants and a trebling
of fees from the previous year’.

He also claimed Menzies had blamed the rising costs on increased regulation.

At the time, Menzies refused to comment citing that confidentiality clauses
meant it was unable to discuss specific matters relating to clients.

History

Culture

Key departments

Clients

Leading partners

Career prospects

Salaries

Recruitment

Work-life balance

Diversity

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource