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Accountancy firm powers forward despite uncertain times

Article posted: 1st October 2019

Photo of McBrides Partners and Shea & Co teamL to R: Usman Ali, Masum Ahmed, Sandra White, Andy Carey, Charles Antwi, Tanya Hamilton, John Shea, Nick Paterno, Andy Warren, Mark Grady, Nigel Kimber, Rashed Ali, Blessing MusonzaUsman Ali, Masum Ahmed, Sandra White, Andy Carey, Charles Antwi, Tanya Hamilton, John Shea, Nick Paterno, Andy Warren, Mark Grady, Nigel Kimber, Rashed Ali, Blessing Musonza

From 1st October, McBrides Chartered Accountants will be incorporating Shea & Co of Forest Hill, in a move that will see founder John Shea become a consultant to McBrides and bring a senior manager Charles Antwi and four audit and accounts seniors across to the McBrides office in Sidcup.

Shea & Co was established in 1992 to focus on owner-managed businesses and UK subsidiaries of larger international companies. Their clients include leading UK shipping and property-based companies.

McBrides has a proven 45-year track record providing full accountancy services and business advice to owner-managed businesses and PLCs across London and the south east. The firm has expertise advising services groups in the professional, creative and property sectors.

Nick Paterno, managing partner at McBrides, says: “I’m delighted to welcome the Shea & Co team to our firm and believe they will settle in well given our shared focus on providing superb client service. This is exciting news for all of us – we’re driving forward and remain confident of repeating the growth we’ve experienced over the last few years.

“The merger brings great potential for clients who will benefit from greater expertise and strength of service, and to our staff too who will enjoy strong development opportunities within the enlarged firm.”

John Shea says: “My team and I are looking forward to working with our new colleagues and are confident that our clients will continue to receive the attention they’ve been used to as Shea & Co clients.

“The accounting world is changing with audit standards becoming more onerous and taxation becoming more complex. Our clients will certainly benefit from the opportunities to scale up and the technology as a result of the combination.

“I have known McBrides for over 25 years and my experience of them has always been that they are a quality firm dedicated to providing a broad range of accountancy and business services to their clients.”

Post-merger, McBrides will have a turnover of £4.5m and comprise seven partners and nearly 50 members of staff.

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