Accountancy firm’s figures add up to a move

Owner Andrew Potts and some of his staff at KP Simpson.
Owner Andrew Potts and some of his staff at KP Simpson.

A South Tyneside accountancy firm is relocating after outgrowing its current home.

KP Simpson certified public accountants has 10 members of staff in its Hebburn offices.

But after seven years in business the turnover has hit new heights.

They will now be based in Pedal Inn on Jarrow’s Albert Road.

Figures released by the company reveal the turnover for 2014 was £240,000. The number is set to exceed by £360,000 by the end of 2016 – an increase of 34.2 per cent.

Business owner Andrew Potts 34, from South Shields, puts their success down to their unique approach to dealing with clients.

The married father-of -two 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.

“This allows us to build up a rapport and a relationship with each and every one of our clients – each of them knowing they can come to us with anything and that they won’t get the same blanket service as each other.”

It’s a business model that has worked well for Potts and KP Simpson, which started from the humble beginnings of a BNI (Business Network International) referral group and a bit of work for friends in business for the entrepreneur.

The move to the new Jarrow office is the latest step in the growth of KP Simpson, who have clients across the UK from Manchester to Glasgow.