Wellers takes over Freedom Accounting

Wellers Accountants have today completed the acquisition of Freedom Accounting, the specialist firm for Contractors in the UK. The new entity is called Wellers Contractors and can be found at www.wellerscontractors.co.uk.

Freedom Accounting have provided specialist financial services to its mainly Australasian client base since 1993 and is well established in the UK Contractor market. The purchase will not be much of a surprise to anyone who knows either of the firms as Wellers have acted for Freedom as a client since 1993 and indeed both companies have shared office space in Victoria for the last 5 years.

Contracting is the fastest growing method of recruitment in the UK with estimates of as many as 240,000 Contractors currently working across all business sectors. It is anticipated that this figure will rise even further as businesses look at economically sensible ways of handling growth, coming out of recession.

A Limited Company is typically the most profitable option for an individual considering the possibility of Contracting in the UK, as well as the most sensible for the business doing the hiring. Wellers Contractors intend to carry on the good work started by Freedom Accounting and offer a comprehensive package for all Contractors that starts with the company formation/opening of bank account and ends with accounts and corporation tax returns being completed.

Neil Beck, Managing Partner of Wellers Accountants comments:”The take-over of Freedom Accounting opens up some great opportunities for Wellers as a whole. We now have around 2,500 business clients that are looked after by our 100 staff in 4 offices (London, Oxford, Banbury and Thame). Most of our clients either currently use Contractors or may be considering taking on Contractors in the future. It was perhaps inevitable that Wellers would want to enter this important and growing area of accountancy provision.

For more information, visit: www.wellerscontractors.co.uk

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