MGR

What MGR does

MGR (operating as MGR Weston Kay LLP) is a London-based chartered accountancy firm founded circa 1984, structured as a partner-owned Limited Liability Partnership with 18 partners and 140+ total staff. The firm operates through four entities — MGR Weston Kay LLP, MGR MAP Limited, MGR SD Limited, and MGR Royalties Limited — and is regulated by the Institute of Chartered Accountants in England and Wales (ICAEW) for audit and investment business activities. MGR serves enterprise and high-net-worth clients across six vertical specialisations: media and entertainment (its heritage practice, with 40+ years of continuous operation), property, retail and wholesale, health and care, lifestyle and hospitality, and private client. Revenue is generated primarily through fee-based professional services engagements (audit, tax, advisory, forensic accounting, HR/payroll, probate, company secretarial) billed annually on a quote basis, with a growing recurring layer from managed cloud accounting subscriptions delivered through its Xero Platinum Partner platform.

The firm's product portfolio is a hybrid of traditional chartered services and a managed cloud accounting practice. The traditional book covers statutory audit, corporate and personal tax, VAT advisory, forensic accounting and litigation support, HR/payroll administration, probate and estate administration, and company secretarial work. The cloud practice is built on Xero at Platinum-partner tier, extended through integrations with Dext (Prepare, Precision, Commerce) for data capture and validation, Fathom for reporting and analytics, and the broader Xero App Marketplace for invoicing, CRM, POS, and expense management. MGR delivers app advisory and migration support as consulting services on top of the platform, and operates "The Forecast" as a cloud accounting educational content series launched in July 2024. International tax and cross-border engagements are delivered through MGR's membership in the ETL Global advisory network covering 50 countries.

Go-to-market is sales-led and referral-driven rather than product-led or marketing-led. MGR acquires clients through direct partner relationships, professional referrals from solicitors, barristers, IFAs, asset managers, and other accountants, and sector-specialist reputation in its six verticals. Distribution channels include direct office contact (London HQ at 55 Loudoun Road, plus Bury St Edmunds and Edgware offices), a secure client portal at files.mgrwk.com, and the ETL Global channel for international work. Marketing is primarily content-led via the firm website blog, an email newsletter, and a measured LinkedIn and Instagram presence, supplemented by high-visibility brand activity such as the 'mgr Changing Tides Garden' sponsorship at RHS Chelsea Flower Show 2024. Pricing is not publicly disclosed; engagements are quoted per scope, with annual billing as the norm.

Name

MGR

Legal name

MGR Weston Kay LLP

Website

https://mgr.co.uk

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

MGR is a London-based chartered accountancy firm specializing in media and entertainment, property, retail, health and care, and private client services. It combines traditional audit, tax, and advisory with Xero-based cloud accounting, serving enterprise and high-net-worth clients across the UK.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Professional Services - Audit & Accounting: Traditional chartered accountancy services including audit, accounting, and financial reporting for businesses across multiple sectors.
2. Tax & VAT Advisory: Tax planning, compliance, and advisory services including corporate tax, personal tax, VAT, and international tax through ETL Global network.
3. Business Support & Advisory: Business management, company secretarial, HR & payroll, forensic accounting, and probate services.
4. Cloud Accounting Subscriptions: Ongoing cloud accounting services, app advisory, and software subscription management through Xero and integrated platforms.
5. Royalty & Entertainment Accounting: Specialist services for entertainment professionals including royalty accounting, tour accounting, and IP management through MGR Royalties Limited.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

MGR is a London-based chartered accountancy firm offering audit, accounting, tax and VAT, HR and payroll, forensic, probate, company secretarial, and business advisory services, alongside a cloud accounting practice built on Xero (Platinum partner) with Dext and Fathom integrations. The firm delivers these services through dedicated sector teams covering media & entertainment, property, retail & wholesale, health & care, lifestyle & hospitality, and private client, with international reach via ETL Global.

Product overview

MGR is a London-based chartered accounting firm operating as MGR Weston Kay LLP, offering a dual-model service portfolio. The core offering comprises MGR Cloud Accounting Services built on the Xero platform (Platinum-level partnership), enhanced by integrations with Dext (data extraction), Fathom (reporting), and Xero's app marketplace. Traditional services include audit, tax advisory, forensic accounting, HR/payroll, probate, and company secretarial. The firm specializes in media & entertainment, property, retail, health & care, and lifestyle sectors, with international coverage through ETL Global membership.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit and Accounting Services Traditional chartered accountancy services including statutory audit, accounting support, and financial reporting for UK companies across multiple sectors.
• Tax and VAT Services Corporate and personal tax advisory, VAT compliance, and planning services covering SDLT, CIS, ATED, and international tax through the ETL Global network.
• Forensic Accounting Investigation and litigation support services for matrimonial and commercial disputes, including business valuations, often delivered alongside leading law firms.
• Human Resources and Payroll HR consultancy and payroll administration services for clients across all sectors.
• Probate Services Estate administration and inheritance tax planning services for individuals and families managing wealth and protecting assets.
• Company Secretarial Corporate governance and statutory compliance services for UK companies, including statutory record-keeping and Companies House filings.
• International Services via ETL Global Cross-border accounting, tax, and advisory support delivered through ETL Global membership, providing coverage across 50 countries.
• MGR Cloud Accounting Services Managed cloud accounting service providing 24/7 access to real-time financial data, automated workflows, and integration with Xero and other business applications for clients migrating to cloud-based accounting.

Quantifiable outcome

• Served some of the biggest entities in served sectors for over 20 years
• +2 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• ETL GlobalcoreStrategic or Co-development PartnerMGR is a member of ETL Global, an integrated global advisory network combining tax, legal, audit, accounting and business consulting services. This membership provides MGR with contacts in 50 countries for cross-border accounting support and extends their service capabilities internationally.
• XerocoreTechnology or IntegrationMGR is a Platinum-level Xero partner, providing cloud accounting services and expertise. They offer seamless migration support to Xero, comprehensive training, and ongoing cloud accounting services. Xero is their primary cloud accounting software platform.
• One Tree PlantedminorStrategic or Co-development PartnerEnvironmental partnership where MGR pledged to plant one tree for every client who completes their Spring Survey, with a total donation goal of £500. One Tree Planted is a 501(c)(3) nonprofit focused on global reforestation.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Mazars UK: International mid-tier accounting and advisory firm with UK presence across audit, tax, and consulting. Competes with MGR in mid-market and sector-specialist advisory, with broader geographic footprint.
• Crowe UK: Mid-tier UK accounting and advisory firm in the Crowe Global network. Larger than MGR with broader sector coverage but overlapping in mid-market audit, tax, and advisory services, including media-facing work.
• Grant Thornton UK: Major UK mid-tier accounting firm with established media & entertainment practice. Comparable in sector coverage (entertainment, property, private client) and cross-border capability, though at significantly larger scale.
• RSM UK: Major UK mid-tier accounting firm providing audit, tax, and consulting to mid-market businesses. Overlaps with MGR across property, retail, and private client sectors, though at substantially larger scale.
• BDO UK: Top-tier UK accounting firm providing audit, tax, and advisory services to media, entertainment, and property clients. Significantly larger but competes in the same mid-market and specialist-vertical advisory space.

Direct peers

• HW Fisher: London chartered accountancy firm of similar headcount with strong media, entertainment, and creative industries practice. Directly comparable on sector specialization and traditional professional services model with growing cloud advisory.
• Gerald Edelman: London-based chartered accountancy firm with strong media, entertainment, and private client specialism. Comparable vertical focus and similar size tier, serving entertainment professionals and high-net-worth individuals.
• Moore Kingston Smith: London-based mid-tier chartered accountancy firm of comparable size with deep creative industries, media, and entertainment specialism. Closely comparable on sector focus, vertical-specialist model, and UK SME/mid-market positioning.
• PKF Smith Cooper: UK mid-market chartered accountancy firm of broadly comparable size, member of PKF International network (analogous to MGR's ETL Global membership). Comparable on multi-sector mid-market advisory and international referral capability.
• Clive Owen & Co: UK chartered accountancy firm of similar size with established property and construction sector practice. Comparable on vertical-specialist model serving property investors and developers, mirroring MGR's property team.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks4 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/mgr-weston-kay-llp
• Instagraminstagram.com/mgrllp_
• Xx.com/life_at_mgr

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about MGR