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‘A logical move’: Accountancy firms seal merger deal

Partners and staff outside the new Streets SJ Males office in Luton. Pictured front centre are Craig and Sarah Males with office head Alan Endersby

Ambitions to develop its presence in Bedfordshire are behind the merger of regional accountancy firm Streets with Luton practice SJ Males.

The two firms have worked together on behalf of clients previously but now have formally united to become Streets SJ Males.

The new combined firm continues to operate from the former SJ Males office on Butterfield Business Park. Streets, which also opened a new office in Northampton earlier this year, retains its premises at Wyboston Lakes and in Stevenage.

Craig Males, who headed SJ Males with his wife Sarah prior to the merger, said: “We worked informally with Streets accessing advice and support we were not able to provide to our clients. This included specialist tax advice and assistance with more complex accountancy and audit work.

“This approach allowed us to get to know each other better and supported the move for both firms to work more closely. We have recognised the need to be able to offer our clients a greater breadth of service to support them with the challenges they face and we also wanted to increase the firm’s capacity to develop the business.”

The new office is headed by Streets audit and accountancy partner Alan Endersby, who knows the area well. “I am really looking forward to working with Craig, Sarah and their team and to be joined by fellow Streets partners and staff to provide clients of the office with access to services and support from the wider firm. Luton is close to my heart and a town I know well. With excellent road links, the airport and continued economic regeneration, we are excited about the opportunities for enterprise in the region.”

Streets already works with clients including owner-managed and family businesses, corporate entities and not for profit organisations including schools and academy trusts. “We are therefore well placed to look after a growing portfolio of such clients in the area but also to offer more specialist advice and support for those engaged in technology, education, the creative industries, logistics, e-commerce and engineering or manufacturing,” said Mr Endersby.

The merger will also strengthen both firms’ expertise in work for the property sector, he added.

Streets’ chairman and managing partner Paul Tutin said: “We have been keen to strengthen our presence in Bedfordshire for some time, looking in particular at Luton and the surrounding area. From our established offices in Stevenage and Wyboston Lakes, we have looked after clients in the area for many years.

“Last year we opened a new office in Northamptonshire in response to the wider opportunities for a practice of our breadth and size in the county and south east Midlands. It therefore seemed a logical move to have a much more meaningful presence in Luton. While we considered opening a new office, we have been extremely fortunate to have been able to come together with Craig and Sarah Males, formerly of SJ Males & Co and now to be driving forward the new merged practice.”

“The creation of Streets SJ Males will serve to enhance the provision and access to professional advisory services available to businesses and individuals in Luton and its surrounding business region. Whilst many large firms have moved to more regional models, Streets remains committed to and focused on looking after clients that live, work and operate businesses in the local area.”

Through SBC Global Alliance, Streets’ global association of leading professional firms, the firm is servicing an increasing need for international tax advice and assurance services to those trading internationally and to UK subsidiaries with overseas parents.

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