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Family firm Lamont Pridmore joins accountancy elite
Lamont Pridmore, the Cumbria-based firm of chartered accountants, tax experts and business advisers, has been named as one of the Top 100 accounting firms in the UK.
A newly published survey of firms by trade journal Accountancy Age shows that Lamont Pridmore was the second fastest growing accountancy practice in the UK in 2010, with its fee income going up by 29%.
According to the study, turnover for the largest 50 firms grew by just 3% over the past year, while the next 50 firms’ average growth was only 0.3%, with just 21 firms recording revenue increases.
The Top 100 placing is just the latest accolade for Lamont Pridmore, which was the first chartered accountancy firm in Cumbria to achieve ‘Investor in People’ status. It is also the holder of a National Training Award, given to just 50 winners in the UK each year.
Chief executive of the firm Graham Lamont said: “We are so lucky to have such a highly skilled and experienced team of people who are passionate about client service and helping clients to do well by adding real value to their business and personal lives. Our philosophy is to develop long-term relationships with our clients rather than just become focused on one particular transaction.”
Partner Wilf Pridmore said: “We have helped a lot of our clients through the recent difficult economic times, saving some from bankruptcy and improving their profits massively – some by an incredible 90%! Through positive word of mouth, other businesses have heard about our performance and this has led them to us.”
Lamont Pridmore does all the things that other firms of accountants do but it is at this point that its higher levels of service really come to the fore by focusing on three things:
- Keeping tax liabilities to a minimum
- Helping clients to make more money, including maximising the value of the business, grooming it for sale or helping to develop a succession strategy
- Investing wealth wisely and protecting the family and the business
Lamont Pridmore also quantifies the value it adds to its clients’ businesses which in 2010 is at least three times the fees it charges.
Graham Lamont said: “Great people, with a passion for personal service, a comprehensive client care programme with a wide range of products and services that add real value to clients’ businesses and private lives, create that virtuous circle of success which makes us all at Lamont Pridmore so confident about the future.”
Established more than 100 years ago and led by the same management team and partners for the last 20 years, Lamont Pridmore is firmly rooted in Cumbria, with offices throughout the county.
