Coventry and Warwickshire accountancy firm breaks into UK top 100 for first time.

Coventry and Warwickshire accountancy firm HB&O has broken into the top 100 rankings in the UK for the first time.

The independent firm, which has offices in Coventry and Leamington, has been named in the prestigious Accountancy Age Top 50+50 rankings for 2024.

Firms are ranked by total UK fee income for the last financial year, with the ranking determined by voluntary submission of data.

It follows a period of significant growth for HB&O with 2024 signalling a 13 per cent increase in UK income fees compared to the previous year.

The firm offers a wide range of services to businesses and individuals, including audit, tax, transaction tax services, payroll, business advisory services and Virtual Finance Office.

HB&O has been listed at number 99 on the list and its debut appearance in the rankings comes in a milestone year for the firm, as it celebrates 20 years since a merger brought together DA Owen and Harrison Beale to form HB&O in 2004.

The firm can trace its roots back to 1924 and employs more than 110 staff across its two offices in Coventry and Warwickshire.

The league table from Accountancy Age, one of the leading trade media titles for the accountancy and finance sector, also includes five firms from DFK UK & Ireland.

DFK UK & Ireland is an association of independent accounting firms established in 1996 and is chaired by Mark Ashfield, Managing Director at HB&O, with the firm having been a member of the association for nearly 10 years.

Mark Ashfield said: “We have seen significant growth across the business over the last couple of years and being named in the Accountancy Age 50+50 rankings is a result of the hard work, dedication and high standard of work delivered by our teams for clients.

“It’s a proud moment for everyone at the firm and fantastic that it comes in what is already a landmark year for the business.

“To see four of our fellow members at DFK also named on the list is excellent and highlights the strength and expertise we have in the alliance.

“We will seek to build on this success in the years to come as we continue to expand our offer and team at HB&O.”