MHA

What MHA does

MHA is a UK-based chartered accountancy and business advisory firm providing audit, tax, advisory, and outsourcing services to growth-focused organisations. The firm operates across 14+ industry sectors including manufacturing and distribution, financial services, construction and real estate, retail and hospitality, technology, life sciences, healthcare, education, not-for-profit, automotive, agribusiness, energy, and professional practices. Services are delivered through a platform of four core practice areas — Audit & Assurance, Tax, Advisory, and Outsourcing — supported by sector-specialist teams, with audit clients including listed and private companies in regulated and non-regulated sectors.

MHA's business model is professional services fee-based, with bespoke engagement pricing and annual billing for recurring outsourcing services such as bookkeeping, payroll, and financial training. Go-to-market is sales-led, executed through partner-led enterprise field sales across the firm's 37 offices in the UK, Ireland, South-East Europe (Cyprus and Greece), the UAE, and the Cayman Islands, supplemented by the global Baker Tilly International network spanning 147 territories, 754 offices, and 50,400 people. Marketing is anchored on sector thought leadership, including an annual Manufacturing Report surveying 1,000+ executives, plus investor relations activity ahead of a planned £125M AIM listing.

The firm employs over 2,300 people, including 157 partners, and reported approximately £251M in revenue for the financial year ending 31 March 2026, a 12% year-on-year increase, with adjusted EBITDA of approximately £46M. Recent strategic moves include acquisitions of Baker Tilly South East Europe (August 2025) and Moore Stephens' UAE operations (£7.4M, April 2026). The firm is also subject to an FRC investigation into its audit of failed construction company ISG, which threatens the timing of its planned AIM listing. MHA's stated medium-term revenue target exceeds £500 million annually.

Name

MHA

Legal name

MHA plc

Website

https://mha-uk.co.uk

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

MHA is a UK-based chartered accountancy firm providing audit, tax, advisory, and outsourcing services to growth-focused organisations across 14+ industries, operating 37 offices in the UK, Ireland, South-East Europe, UAE, and Cayman Islands.

Ownership category

akta.pro rank

Product category

Professional Services — Accounting, Tax & Business Advisory

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Financial Investment Activities (523999)

SIC

Finance Services (6199)

akta.pro primary industry

M&A Advisory (Buy-side/Sell-side) (BPAHADAC)

akta.pro secondary industries

Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ), Fairness Opinions & Independent Financial Advice (BPAHAOAF), Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)

Keywords

• Audit and assurance
• Tax advisory services
• Business advisory consulting
• Corporate finance advisory
• Accounting outsourcing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Audit and Assurance: MHA provides external audit, financial reporting, and governance, risk and controls services to regulated and non-regulated organisations, serving as the auditor for listed and private companies.
2. Tax Services: MHA offers corporate tax, private client tax, international tax, R&D tax credits, VAT, customs and excise duty, and tax dispute resolution services, generating fees on a professional services basis.
3. Advisory: MHA provides corporate finance, debt advisory, forensic accounting, restructuring and recovery, sustainability and ESG, wealth management, and human capital advisory services on a professional services fee basis.
4. Outsourcing: MHA offers bookkeeping and accounting outsourcing, financial training, and payroll services to clients, generating recurring professional services fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

MHA is a UK chartered accountancy and business advisory firm delivering integrated audit, tax, advisory, and outsourcing services to growth-focused organisations across 14+ industries. Core offerings span external audit and financial reporting, corporate and private client tax, corporate finance and debt advisory, forensic accounting, restructuring, ESG, and outsourced bookkeeping, payroll, and financial training. Services are delivered directly through a 37-office network in the UK, Ireland, South-East Europe, the UAE, and the Cayman Islands, supplemented by the Baker Tilly International global network.

Product overview

MHA is a professional services firm offering an integrated suite of audit, tax, advisory, and outsourcing services delivered through a platform-plus-modules architecture. The core service lines—Audit & Assurance, Advisory, Tax, and Outsourcing—function as interconnected practice areas supported by specialist sector teams covering 18 industries including Financial Services, Technology, Manufacturing, Healthcare, Real Estate, and Education. Advisory services span corporate finance, debt advisory, forensic accounting, restructuring, ESG, and wealth management, while tax services cover corporate, private client, R&D incentives, VAT, and international matters. Outsourcing provides bookkeeping, payroll, and financial training. The firm operates as the UK member of Baker Tilly International with access to a global network spanning 147 territories, enabling cross-border service delivery through connected Baker Tilly member firms worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Comprehensive audit and assurance services including external audit, financial reporting advisory, and governance, risk and controls assessment for businesses across all sectors.
• Tax Full spectrum tax services including corporate tax, private client tax, research and development tax credits, VAT advisory, customs and excise duty, tax dispute resolution, fee protection service, tax risk and governance, and international tax services.
• Advisory Strategic advisory services encompassing corporate finance, debt advisory, forensic accounting, human capital consulting, restructuring and recovery, sustainability and ESG advisory, and wealth management.
• Outsourcing Outsourcing solutions comprising accounts and advisory bookkeeping, financial training, and payroll services for businesses seeking operational efficiency.
• Banking & Capital Markets Practice Specialist audit, assurance, and advisory services for banks, building societies, and capital markets participants, including regulatory reporting and controls assurance.

Quantifiable outcome

• 12% revenue growth to £251 million in FY26
• +3 more outcomes

Named customers3 records

Segments12 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Moore Stephens LLC / Moore Stephens Consulting LLC (UAE)coreStrategic or Co-development Partner · 1 April 2026MHA completed the acquisition of Moore Stephens' UAE operations (Moore Stephens LLC and Moore Stephens Consulting LLC) in April 2026 for £7.4 million. The deal targeted a 95-person team that generated £6.5 million in revenue in 2025, operating across Dubai, Abu Dhabi, ADGM, JAFZA, Sharjah, and Hamriyah Free Zone. Consideration was split equally between cash and new MHA shares.
• Baker Tilly USminorStrategic or Co-development Partner · 1 February 2026Murray Watt, appointed as MHA partner and head of operations, previously served as enterprise strategy director at Baker Tilly US, indicating ongoing cross-firm collaboration within the Baker Tilly network.
• Prolific NorthminorGTM or Marketing Partner · 1 February 2026MHA backed the Prolific North GRAFT Regional Champions programme celebrating tech pioneers across Northern England, covering Greater Manchester, Liverpool City Region, and the North East throughout 2026. The programme features editorial deep dives and an invite-only roundtable.
• Baker Tilly South East EuropecoreStrategic or Co-development Partner · 1 August 2025MHA completed the acquisition of Baker Tilly South East Europe in August 2025, extending its presence to Cyprus and Greece. Baker Tilly South East Europe marked its 30th anniversary in May 2026, with CEO Marios A. Klitou highlighting three decades of expansion across audit, tax, advisory, and business services in the region. The firms are proceeding with a planned merger.
• Baker Tilly InternationalcoreStrategic or Co-development PartnerMHA is the UK member firm of Baker Tilly International, representing the network in the UK, Ireland, South-East Europe, the UAE, and the Cayman Islands. The relationship provides MHA with global reach across 147 territories, 754 offices, and 50,400 people, enabling cross-border audit, tax, and advisory services for clients with international operations.
• ClaremontminorImplementation/ SI/ Consulting PartnerMHA worked with office interior specialist Claremont to design its modern 7,100 sq ft workspace at 35 Newhall Street, Birmingham, featuring wellness facilities, breakout areas, meeting pods, and recreational amenities.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Mazars UK: Mazars UK is a mid-tier audit, tax, and advisory firm with a similar integrated service model targeting mid-market and listed-company clients. It competes with MHA across audit, advisory, and tax engagements in the UK and internationally.
• BDO UK: BDO UK is a top-tier mid-market accounting and advisory firm offering audit, tax, and advisory services across similar industry verticals including financial services, manufacturing, and technology. It is the most direct mid-tier competitor to MHA in the UK enterprise and mid-market segment.
• Grant Thornton UK: Grant Thornton UK is one of the leading mid-tier accounting firms offering audit, tax, and advisory services to mid-market and growth-focused businesses. It competes directly with MHA in the UK mid-market advisory space with comparable service breadth.
• Crowe UK: Crowe UK is a mid-tier accounting and advisory firm within the Crowe Global network, offering audit, tax, and advisory services to UK mid-market clients. It is comparable to MHA in size, service mix, and network-based international delivery model.
• RSM UK: RSM UK is the UK member of RSM International, providing audit, tax, and consulting services to mid-market enterprises—paralleling MHA's positioning as the UK member of Baker Tilly International. It is a direct mid-tier competitor with comparable target client profile.

Broad incumbents

• Deloitte UK: Deloitte UK is the largest Big 4 firm in the UK, providing audit, consulting, financial advisory, and tax services. It is a broad incumbent against which MHA positions its mid-market and sector-specialised service offering.
• PwC UK: PwC UK is a Big 4 firm offering the full range of audit, tax, advisory, and consulting services. It competes with MHA in the audit, tax, and corporate finance advisory space, particularly for larger UK and cross-border mandates where MHA's Big 4 talent hires originate.
• EY UK: EY UK is a Big 4 firm providing assurance, tax, consulting, and strategy services. It competes with MHA across audit, tax, and advisory engagements and represents the larger-firm competitive context within which mid-tier firms like MHA operate.
• KPMG UK: KPMG UK is a Big 4 firm providing audit, tax, and advisory services across all major industries. It is a broad incumbent that competes with MHA for audit, financial services, and corporate finance engagements, particularly with large UK corporates.

Regional players

• Baker Tilly US: Baker Tilly US is the US member firm of Baker Tilly International, MHA's own network. While operating in a different geography, it is a comparable member-firm competitor within the same network and a key referral partner for MHA's US-bound cross-border client mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mha_uk
• YouTubeyoutube.com/@MHA-UK
• Facebookfacebook.com/MHACareers
• LinkedInlinkedin.com/company/mha-uk

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 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 MHA