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Working predominantly with small and medium-sized businesses, Stanley Yule was also known for its specialist work with academies and charities.
The decision to be acquired by Prime in October 2021 stemmed from aligning business values; placing people at the centre, a shared client approach and excellent reputations, making a perfect partnership. The previous two years have been a time of transition, however, now Stanley Yule will be merged into the Prime Accountants Group. By sharing knowledge, specialist skills and resources, Prime can continue to provide top-tier services to its existing and acquired clients.
Prime boasts six overarching services with highly experienced and skilled directors in each department, totalling ten across the firm. Stanley Yule’s directors have joined the already impressive line-up as consultants, enabling clients access to a breadth of accounting specialists and a seamless transition into Prime.
Stanley Yule and Prime both hold an impressive portfolio of services, offering financial help and advice in tax, acquisitions and mergers, bookkeeping, payroll, forensic, and audits and accounts. Partnering with Prime has bolstered its service offering with a wider team of experts, whilst in keeping with the personal approach to client care, a core part of its shared business model.
Stanley Yule clients also have access to financial planning advice and help, thanks to the Prime Wealth arm of the Prime Accountants Group.
Stanley Yule was a specialist in academies, charities, owner managed businesses and pensions, all of which have been warmly welcomed by Prime Accountants, adding to its impressive client roster covering a range of industries. Through this acquisition, the wealth of industry knowledge Stanley Yule brings with it not only remains consistent but is complemented by Prime’s existing clients, including more than 50 charities, manufacturing businesses and many more organisations.
Through this transition, Stanley Yule and its clients can rest assured that Prime upholds the same professionalism and personalisation Stanley Yule excelled at throughout its near 100 years in business.
Stanley Yule had an impressive client base, with many retained for more than 10 years with the firm, underlining its shared values with Prime; harbouring trust, providing practical advice, and placing the needs of the client above all else.
Ian Grainger, finance director at EH Smith Builders Merchants: