Kreston Reeves
Kreston Reeves is an accountancy, business advisory and financial services firm found in the UK. As of 2017 Kreston Reeves was ranked 24th in Accountancy Age magazine's "UK Top 50 accountancy firms"[1] list following the incorporation of Spofforths[2] , a firm previously ranked 68th in Accountancy Age magazine's "UK Top 100 accountancy firms". Total fee income for the fiscal year 2017 was £33.3 million.[1]
Kreston Reeves has nine offices across London, Kent and Sussex and includes over 500 staff and over 50 partners. The nine offices can be found in London, Canterbury, Chatham, Sandwich, Crawley, Horsham, Brighton, Chichester and Worthing.
Kreston Reeves is a member of Kreston International[3], a top 15 global network of independent accounting firms as detailed in Accountancy Age magazine's "The Top 40 Networks & Associations 2016: The Survey[4]".
History[edit]
The first recorded mention of the firm appears in the register of practising accountants of 1897 where Frank Reeves is first recorded as being a sole practitioner working from an office at 3 Drapers Gardens, just off Moorgate. Although practising in London, Reeves lived in Canterbury and around 1901/2 opened an office in Canterbury High Street. With the recruitment of JHB Young soon after the First World War, the firm became Reeves & Young and in 1923 moved to 39-40 St Margaret's Street.
In 1967 Reeves & Young amalgamated with Neylan & Co to form Reeves & Neylan. From this time the firm began to expand by a process of mergers and new office openings. First was a new office in Sandwich, and one in Deal following the merger with Dixon & Co. in 1969. The firm's presence in north east Kent increased in 1974 when the firm merged with the Margate practice of Harold Thompson Baxter & Co.
In 1997, Reeves & Neylan merged with Judkins in Rochester and in 1998 the Ashford office left the firm to pursue an independent course. A year later Reeves & Neylan amalgamated with the Sittingbourne-based Chartered Accountancy practice Brian Elvy & Co.
At the start of the new Millennium, Reeves & Neylan amalgamated with Coach House Insurance Consultants.
In September 2007, the firm converted from the traditional partnership structure to a Limited Liability Partnership to help further its development objectives and became Reeves+Neylan LLP.
In June 2010 Reeves+Neylan announced their merger with FW Stephens, a well established firm operating from offices in Chiswell Street, near Moorgate in London. This merger created a firm with a combined fee income of £20 million, 43 partners and 330 staff. With the merger came a re-brand to Reeves & Co LLP.
In February Reeves & Co LLP re-branded to Kreston Reeves, adopting Kreston International's brand in a move to raise the network's profile.[5]
Notable mentions in UK press[edit]
- Financial Times - UK entrepreneurs set to liquidate companies over tax rule changes[6]
- BBC - Games firm OysterWorld in administration despite £1.4m grants[7]
- BBC - Budget 2017: Double Budget effect on your finances[8]
- London Evening Standard - Panama data leaks spell 'end of secrecy for the super-rich'
External links[edit]
References[edit]
- ↑ 1.0 1.1 "Top 50+50 Accountancy Firms 2017 - Accountancy Age". Accountancy Age. Retrieved 2018-01-08.
- ↑ "Kreston Reeves and Spofforths announce merger | ICAEW Economia". economia.icaew.com. Retrieved 2018-01-08.
- ↑ "Kreston Reeves | kreston". kreston.com. Retrieved 2018-01-08.
- ↑ "The Top 40 Networks & Associations 2016: The Survey - Accountancy Age". Accountancy Age. 2009-05-28. Retrieved 2018-01-08.
- ↑ "First UK firms adopt Kreston International brand | Accountancy Daily". www.accountancydaily.co. Retrieved 2018-07-12.
- ↑ "Subscribe to read". Financial Times. Retrieved 2018-07-10.
- ↑ "Games firm goes under after £1.4m grant". BBC News. 2016-08-24. Retrieved 2018-07-10.
- ↑ Peachey, Kevin (2017-11-17). "The Budget: What we know already". BBC News. Retrieved 2018-07-10.
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