RMT Accountants & Business Advisors

What RMT Accountants & Business Advisors does

RMT Accountants & Business Advisors is a UK-based accountancy and business advisory firm, headquartered in Newcastle upon Tyne, with six offices across the North East of England (Newcastle, Durham, Hexham x2, Berwick) and a newly opened London office. Founded in 1950 and operating for over 70 years, the firm employs more than 150 staff plus 9 directors and is a wholly-owned subsidiary of Sumer Group, a top 15 UK accountancy platform, following its February 2024 integration.

The firm provides a full suite of professional services through specialist teams in accounting and audit, tax advisory and compliance, corporate finance (M&A advisory), recovery and insolvency, healthcare accounting, IT and technology consulting, and outsourced finance services. Its client base spans owner-managed businesses and SMEs, healthcare professionals (GPs, hospital doctors, veterinary practices), the agricultural and rural sector, and the creative sector, with the latter two strengthened by the 2024 acquisitions of McCowie & Co and KSA Group.

RMT generates revenue through professional service fees billed on a project or retainer basis, with no disclosed productised or subscription pricing. Distribution is direct and office-based across the North East and into London, supported by a blog, email newsletter, and annual UK Tax Card content resource. Growth since the Sumer Group partnership has been both organic (staff expansion, new leadership, London office opening) and acquisitive (two completed bolt-on acquisitions in 2024), with the firm positioned as a regional SME-focused hub within a larger national accountancy platform.

Name

RMT Accountants & Business Advisors

Legal name

RMT Accountants & Business Advisors Ltd.

Website

https://r-m-t.co.uk

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

51–100 employees

Short description

RMT Accountants & Business Advisors is a UK-based accountancy and business advisory firm headquartered in Newcastle upon Tyne, serving SMEs, healthcare professionals, and agricultural and creative sector clients across the North East and London through 150+ staff and six offices, and operating as a regional hub within Sumer Group.

Ownership category

akta.pro rank

Product category

Accounting & Business Advisory Services

NAICS

Offices of Certified Public Accountants (541211)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE), Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG), Fairness Opinions & Independent Board Advice (FSAEAGAF)

Keywords

• Accounting services
• Business advisory
• Tax compliance
• Corporate finance
• Audit services

Headquarters

HQ city

Newcastle Upon Tyne

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Professional Accounting & Advisory Services: RMT provides a full range of financial and business advisory services through specialist teams covering audit, accountancy, tax, medical and healthcare, corporate finance, IT & Technology, outsourced services, recovery and insolvency, and business advisory. Revenue is generated through professional service fees, typically billed on a project or retainer basis for ongoing advisory relationships.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

RMT Accountants & Business Advisors is a Newcastle-headquartered chartered accountancy firm delivering accounting, audit, tax advisory, tax compliance, corporate finance, recovery and insolvency, outsourced finance, IT and technology, and specialist healthcare accounting services. The firm primarily serves North East SMEs, owner-managed businesses and larger complex organisations, with sector specialisms in healthcare, agriculture and the creative industries, and is part of the Sumer Group.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting & Audit
• Tax Advisory Strategic tax planning and advisory services to help businesses and individuals minimise tax liabilities. For owner-managed businesses, SMEs and larger organisations in the North East and beyond.
• Corporate Finance Corporate finance advisory services including acquisitions, disposals and deal advisory for SMEs and owner-managed businesses. Headed by a dedicated Head of Corporate Finance.
• Healthcare Accountants Specialist accounting services for healthcare professionals including GPs, hospital doctors, dental practices and veterinary practices, covering personal and commercial finances, NHS pension issues and practice refinancing.
• IT & Technology IT and technology advisory for clients, including software implementation, technology consulting and digital transformation support, delivered via the specialist RMT Technology division.
• Outsourced Services Outsourced accounting and financial services allowing businesses to delegate non-core finance and back-office functions to RMT's specialist teams.
• Tax Compliance Tax compliance services including tax return preparation, VAT returns and HMRC submissions for businesses and individuals.
• Recovery & Insolvency Business recovery and insolvency services helping businesses and individuals experiencing financial difficulties, including restructuring and insolvency support.
• RMT Technology Specialist technology division of RMT that drives improvement in systems and digital tools used to serve clients efficiently, securely and responsively.

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Sumer GroupcoreStrategic or Co-development Partner · 15 February 2024RMT joined Sumer Group, a top 15 UK accountancy group which invests in successful accountancy firms throughout the UK to create regional hubs focused on the SME market. Sumer has grown rapidly completing 12 co-investment transactions and provides its hubs with access to enhanced resources. RMT's integration into Sumer provides strategic backing for growth, acquisitions, and expanded service capabilities.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Armstrong Watson: North of England-headquartered chartered accountancy and business advisory firm with comparable SME and mid-market focus, multi-office regional presence, and similar service lines including accountancy, tax, corporate finance, and specialist sector services.
• Bishop Fleming: UK regional chartered accountancy firm with comparable size and service mix (accounting, audit, tax, corporate finance), multi-office presence outside London, and SME-to-mid-market client base.
• Crowe UK: Mid-tier UK chartered accountancy and advisory firm with comparable service offering including audit, tax, corporate finance, and specialist sector practices for owner-managed and mid-sized businesses.

Broad incumbents

• Azets: Large UK and Nordics-focused accountancy and advisory group operating a hub-and-spoke acquisition model similar to Sumer Group. Comparable in regional firm aggregation strategy and SME-focused service offering.
• MHA (MacIntyre Hudson): Top 20 UK chartered accountancy group with comparable regional hub strategy, SME and mid-market focus, and broad service line-up including corporate finance, recovery, and specialist sector practices.
• RSM UK: Mid-tier UK member of global RSM network providing comparable accountancy, tax, corporate finance, and recovery/restructuring services to mid-market and SME clients across multiple regions.
• Grant Thornton UK: Major UK mid-tier accountancy and advisory firm with comparable service lines including corporate finance advisory, recovery and restructuring, and tax services targeting mid-market and entrepreneurial clients.

Regional players

• Clive Owen & Co: Long-established North East England chartered accountancy firm with overlapping regional presence, comparable SME-focused services, and similar mid-tier positioning in the same geographic market.
• Torgersens: North East England-based chartered accountancy firm with comparable regional focus, owner-managed business client base, and similar service lines including tax, audit, and business advisory.

Others

• KSA Group: Recovery, insolvency, and corporate finance specialist recently acquired by RMT (November 2024). Previously a standalone peer in the recovery & insolvency sub-sector; now part of RMT but representative of the specialist recovery capability RMT has built.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rmt-accountants
• Instagraminstagram.com/rmtaccountants
• Xx.com/RMTaccountants

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RMT Accountants & Business Advisors