Accountancy firm Garbutt + Elliott reports record year as turnover hits the £7m mark

Accountancy firm Garbutt + Elliott has reported a record £7m turnover for its 2016-17 financial year, representing a 19% increase on the previous period’s figure.

The firm also hired an additional 29 people across its tax, accounting, audit, corporate finance, wealth management and payroll teams, bringing its overall headcount to 135.

Garbutt + Elliott, which has offices in Leeds and York, is attributing its turnover growth to an approach which sees it assemble “the best team, delivering the best possible service” to create value for clients.

This includes the biggest independent corporate finance team in Yorkshire, comprising nine people led by partners Richard Feltham and Tony Farmer.

Garbutt + Elliott’s approach saw it secure new business wins with the likes of frozen vegetable supplier and grower JE Hartley, food manufacturer Heck Food, commercial refurbishment and refit services provider Chameleon Business Interiors, brewer Half Moon Brewery and pickle producer Pucketts Pickles.

Russell Turner, Garbutt + Elliott managing partner, said: “Our success is the result of a simple and effective formula. We assess each client’s objectives, requirements and culture individually and then gather together the best team, delivering the best possible service. This allows us to continuously create value for the businesses we advise.

“Our clients love the service we provide and the way we deliver it, whether it be through our tax academy helping them save tax or our payroll team taking the complexity out of managing pay and pensions for their employees.

“The breadth of our services, allied to our technical expertise, means we can help any business thrive and achieve its goals.”

Garbutt + Elliott has 11 partners and advises businesses throughout Yorkshire across a range of sectors including manufacturing, food, digital tech and creative, construction, leisure and charities.