Turner Accountants merges with national group

Preston-based Turner Accountants has joined forces with Streets Chartered Accountants, which operates 26 office around the UK.

The merger, the seventh completed by the national firm in the last year and a half, has created Streets Turner Chartered Accountants.  

It enables Turner to expand on its existing services - currently comprising specialist corporate and private client tax planning, banking and finance, international advice and personal financial planning - to include statutory audits for larger clients, as well as businesses and organisations across Preston.

Existing members of the Turner team, Henry Abell, Lynda Rainford and Catherine Clifton have been promoted to director.

Mike Turner, managing director at Turner Accountants, said: “I am delighted and excited about the merger. The practice was founded in 1996 by me and over the years it has grown based on our reputation and the demands of clients in and around Preston.  

“As with any business we cannot stand still and to overcome the challenges we and our clients face, we needed to develop our business. We looked for some time to find a perfect partner to support us and one with which we share mutual values and we believe we have found that in Streets. Certainly, there is a great match, both in terms of client focus and cultural fit. 

“Now that Turners is part of a larger practice, we can confidently promise greater continuity of service to our clients and improved career prospects for our team."

Paul Tutin, managing partner of Streets, said: "The merger of Turner Accountants in Preston is the latest in line with our plans to expand our geographical coverage and provides us with an ideal presence in Lancashire.

“We were delighted to enter into a conversation with Mike Turner and his team at Turner Accountants. Very early on in our discussions it was clear that we shared the same vision and values for the profession and for supporting our clients.  

“We are really looking forward to working with Mike, Henry, Catherine and Lynda to grow the practice and to further establish it as a pre-eminent accountancy, business and tax advisory firm servicing the needs of businesses and individuals across Lancashire and the North West."

Streets Chartered Accountants expects to achieve £40m fee income by the end of this year.