Accountancy firm moves on after outgrowing its home

Andrew Potts, third from right, with staff from his firm, KP Simpson Accountancy.
Andrew Potts, third from right, with staff from his firm, KP Simpson Accountancy.

A firm of South Tyneside accountants has relocated after outgrowing its existing office.

Andrew Potts launched his accountancy business from his bedroom as a way of boosting his income in 2008.

We realised that a one size fits all approach would effictively useless

Andrew Potts

Since then, he has been based in Martha’s Vineyard in Hebburn.

However, his company, KP Simpson Accountancy, has outgrown the office forcing it to relocate to new premises.

His team has now opened the doors of its new office based at the Pedal Inn on Albert Road, Jarrow.

The ex-bike shop has provided the perfect high street, shop-fronted location for the growing business and married father-of-two, Mr Potts, is also in the process of hiring at least three new members of staff, which will 
take his team up to 15 employees.

He said: “We deal with clients and businesses alike both on a B2B and B2C basis so we realise that a one size fits all approach would be effectively useless.

“Instead we offer a tailored service on a client by client premise.”

The impressive turnover figure is expected to exceed £360,000 by the end of 2016 from £240,000 in 2014, which is a 34.3% increase. They hope to turn this into 50% by the same time next year.

The firm offers small and medium-sized enterprises services including payroll and book-keeping, taxation advice and niche accounting help. Earlier this year, the company made it to the final of the accountancy awards held at the Hilton Hotel.

The move to the new offices is another step towards achievement and growth of KP Simpson and its growing client base, which has seen it reach out across the North East to Manchester, Leeds, London and Glasgow.

Mr Potts, a fully qualified accountant, said: “I am delighted with the progress of the company, and the plans for the future are coming together nicely. It’s a case of watch this space.”

The firm can be contacted on 0191 420 0550 or by e-mailing

For information on the firm, visit