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Birmingham Post
Birmingham Post
Business
Andrew Arthur

South West accountancy firm Old Mill planning to double workforce to 600 staff

A fast-growing South West accountancy firm has recruited 10 new employees as it seeks to double its staff numbers within the next five years.

Old Mill, which provides financial advice and services to more than 5,000 clients across the region, has begun taking on an additional graduate intake each March as part of new restructure and growth plans.

The group, which is headquartered in the Somerset town of Yeovil and also has offices in Chippenham, Exeter and Wells, is looking to expand its workforce to 600 by 2026.

Its recent appointments to all four of its bases - a mix of graduate and more experienced workers - add to a drive that has seen 26 new starters arrive in just six months.

Kevin Whitmarsh, chief executive at Old Mill, said the firm's growth plans - which were announced in November - target 15% growth each year.

He said: "With the aim of becoming the fastest-growing practice in the region, and to reach that goal, we need to recruit heavily and we are therefore delighted to welcome 10 fantastic new recruits to the team.

“However, while the twice-yearly graduate intakes are a hugely important part of our growth strategy, to meet our ambitious goals, we also operate an open door recruitment policy, meaning that if we see someone good, we get them in.”

Old Mill recently became a limited company after previously operating as a limited liability partnership.

The firm originated in Shepton Mallet in the 1920s but the company in its current form came out of a buyout in 2006, with the practice more than doubling in size since.

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