Suffolk accountants shortlisted for prestigious national award

A commitment to supporting businesses through the pandemic has seen a Suffolk-based accountancy company shortlisted for a top national award.

1 Accounts, from Haverhill, (pictured above) has been named in the top five of the prestigious Accounting Excellence awards in the Medium Firm of the Year category.

While acknowledging the growth of the company, the shortlisting is also testimony to the bespoke service provided by 1 Accounts over the last two-and-a-half years.

Paul Donno, director of the family-run business, said: “Our team worked above and beyond during the pandemic – at a time when we were all trying to keep our loved ones safe. Because we are an online business, our staff were still able to provide the same high-quality service to our clients. But we wanted to do more than that so we supported their loan and furlough applications free of charge.

“It was something we felt we could do at a time when our clients needed all the help they could get just to stay afloat.

“We also held webinars for both clients and non-clients to support other local businesses. On the back of that, we have received a lot of client referrals and our business has grown by over 60% in the last two years.”

The company was named best new practice at the British Accountancy Awards in 2016 and Paul is hoping for similar success this time around.

“I am incredibly proud of their hard work and honoured, as a company, to be nominated for this award,” Paul said. “To be shortlisted in the medium size category is testimony to how much we have grown in a short space of time.

“In 2016, we only had three members of staff, including me and my wife Jenni, and around 40 to 50 clients. Since then, we have grown to in excess of 300 clients and we are just about to employ two more people, taking us to 15 members of staff.”

The Accounting Excellence awards will be held on Thursday, September 8, at a ceremony in London.

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