Member Article

Newcastle medical accountants expand with sister firm

Newcastle’s BW Medical Accountants say significant growth in the past six months has prompted an expansion into new premises.

The niche firm has relocated to Gosforth Business Park along with sister company Blackett Walker, following a £1 million investment.

BW Medical now has over 180 clients across the UK and has tripled its staff from four to 12, with further recruitment of medical financial specialists on the horizon.

Keith Taylor, Head of Medical Services, BW Medical Accountants, said: “The first six months have been tremendously busy for the team and we are delighted with the success and overall growth of the business. The new building, which houses both companies, is an investment in the future of the BW Group and is an impressive facility for our clients across the country.

“As the only niche practice in the north, we have recruited staff for their knowledge of medical finance and offer a truly integrated team. The benefit of investing in exceptionally high standards of staff with the necessary breadth of knowledge is that we can provide expert advice on all aspects of medical finance, including NHS pensions, personal wealth management and retirement.

“We estimate that less than 50 per cent of GP practices are currently supported by specialist medical accountants, and so we are looking forward to a busy year and to helping as many medical professionals as possible manage their finances and navigate the challenges facing the sector.”

BW recently recruited specialist medical accountants Ann Crowder, Tina Milligan and Rachel Ormston to further strengthen its accountancy team and service its portfolio of clients across the UK.

Ann Crowder, a certified accountant from Rowlands Gill in Gateshead, brings over 25 years experience in the financial industry. As a medical services accountant at BW Medical Accountants, Ann is responsible for managing the clients’ financial accounts as well as providing strategic advice.

New to the team is Tina Milligan from Whitley Bay, a highly experienced accountant and qualified maths teacher with a proven track record in the preparation of accounts for medical professionals. Her new role as medical services accountant will see her manage the preparation of medical accounts for clients and NHS pension forecasting as well as advising and supporting clients on all aspects of their accounting systems.

Rachel Ormston has also joined the team as a medical services accountant. Rachel, from Walbottle in Newcastle, has worked in the accountancy sector for five years, gaining experience in medical accounts for GPs and the dental industry.

The specialist accountancy and tax advice provided to clients is complemented by the expert NHS pension advice from the team of independent financial advisers at sister company Blackett Walker.

This was posted in Bdaily's Members' News section by Tom Keighley .