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Wilkins Kennedy to convert to LLP status

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Wilkins Kennedy, the UK’s 21st largest accountancy firm, is to convert into a limited liability partnership (LLP) on May 1st.

Wilkins Kennedy explains that it has adopted the new legal structure as it will make it easier to attract high calibre staff and partners as it continues to improve and expand on the services that it offers clients.

Explains David Fenn, Managing Partner, of Wilkins Kennedy: “An LLP is a more modern and transparent structure that is attractive to those new partners and teams that we take on to help our clients deal with the issues that their organisations face.”

“We have grown strongly over the past few years, partly through organic growth and partly through attracting merger partners. We want to continue that process of bringing in the most talented individuals to ensure that our clients are getting the very best support that they can.”

“We are a very financially strong and stable firm and part of the attraction of the LLP conversion is that interested parties will be able to look at our accounts and see how stable we are. That is useful for both our business partners and potential recruits.”

“One thing the conversion to an LLP will not do is to change the history of customer care that we have established over the last 130 years.”

Founded in 1882 as a single regional office, the firm has expanded to 12 regional offices based across the South of England with a turnover of £28 million, 56 partners and almost 400 members of staff.

Author:Wilkins Kennedy LLP