Horsfield & Smith

What Horsfield & Smith does

Horsfield & Smith is a chartered accountancy firm operating as a trading name of Horsfield-Smith Limited, a private limited company registered in England & Wales. Headquartered at Tower House, 269 Walmersley Road, Bury, BL9 6NX, the firm claims over a century of operating history in the Greater Manchester area and is regulated by the Institute of Chartered Accountants in England and Wales (ICAEW reference C002075970) for audit and investment business activities.

The firm delivers professional services across three product lines: Advisory (tax planning, management reporting, virtual FD, corporate finance, exit strategies, raising finance, tax mitigation, and app advisory for SMEs), Compliance (annual accounts, audit, company secretarial, VAT, Making Tax Digital, personal and corporation tax returns, P11D), and Outsourcing (bookkeeping, payroll, auto enrolment, construction industry scheme, virtual FD outsourcing). Service delivery is enabled by a cloud-based technology stack built around Xero (Gold Partner status), Dext (Pioneer Partner status) and MTD-compliant software, allowing the firm to support digital record-keeping and HMRC's quarterly digital submission requirements. The firm is also a member of the Kreston international accounting network.

Horsfield & Smith operates a sales-led, relationship-driven GTM motion targeting SMEs, owner-managed businesses, and growing companies in Bury, Manchester and the wider North West of England. Revenue is generated through engagement-based professional services fees with no publicly disclosed pricing or contracted term; distribution is exclusively direct (website, phone, email) supplemented by content marketing, organic social, and local community partnerships such as the Made in Bury Business Academy. The firm is independent (no parent company or external investor identified), presently recruiting additional staff, and derives all revenue from the UK domestic market.

Name

Horsfield & Smith

Legal name

Horsfield-Smith Limited

Website

https://horsfield-smith.co.uk

Company type

Private

Founded year

1892

Operating status

Operating

Headcount range

11–50 employees

Short description

Horsfield & Smith is a Bury-based chartered accountancy firm serving SMEs, owner-managed businesses and growing companies across Greater Manchester and the North West of England with advisory, compliance and outsourcing services delivered via Xero- and Dext-enabled cloud workflows.

Ownership category

akta.pro rank

Headquarters

HQ city

Bury

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Accounting and Advisory Services: Fees charged for chartered accountancy services including compliance (annual accounts, audit, VAT, corporation tax returns, personal tax returns, company secretarial, MTD), outsourcing (bookkeeping, payroll, software solutions, auto enrolment, outsourced VFD, construction industry scheme), and advisory services (tax planning, management reporting, virtual FD, corporate finance, selling your business, exit strategies, raising finance, tax mitigation, setting business goals, app advisory for SMEs). Revenue is generated through engagement-based professional services billing.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Horsfield & Smith is a chartered accountancy firm providing accounting, tax and business advisory services to SMEs, owner-managed businesses and growing companies across Greater Manchester and the North West. The portfolio is organised into three core service lines: Compliance (statutory accounts, audit, VAT, MTD, personal and corporation tax returns), Advisory (tax planning, management reporting, virtual FD, corporate finance, exit strategies, raising finance, tax mitigation), and Outsourcing (bookkeeping, payroll, auto enrolment, outsourced VFD, software solutions, construction industry scheme).

Product overview

Horsfield & Smith is a chartered accountancy firm offering a unified portfolio of professional services organised across three core areas: Advisory Services (strategic consulting including tax planning, corporate finance, virtual FD, and business advisory), Compliance Services (statutory compliance including audit, annual accounts, VAT, MTD, and tax return filing), and Outsourcing Services (back-office functions including bookkeeping, payroll, and software solutions). The firm operates as a service-based consultancy rather than a software product company, providing these services directly to SME clients across Greater Manchester and the North West.

Differentiator

Problem solved

Functional benefit

Products and services

• Advisory Services

Quantifiable outcome

• Reduced debtor days from 72 to 38 days through milestone billing implementation
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core, supporting and minor.

• XerocoreTechnology or IntegrationXero Gold Partner — certified Gold status demonstrating advanced proficiency in Xero cloud accounting software implementations. Xero provides the underlying platform for client bookkeeping, invoicing, and financial reporting, and the firm leverages Xero's integrated bank feeds, expense tracking, and MTD-compliant submission capabilities.
• DextsupportingTechnology or IntegrationDext Pioneer Partner — early adopter and certified partner status with Dext (formerly Receipt Bank), a leading automated bookkeeping platform that extracts data from receipts and invoices for seamless accounting workflow integration.
• Kreston NetworksupportingStrategic or Co-development PartnerHorsfield-Smith Limited is part of the Kreston network of accounting firms, a global network of independent accounting firms that share resources, expertise, and best practices across member firms worldwide. The firm may receive client referrals from or share information with Kreston network member firms.
• Institute of Chartered Accountants in England and Wales (ICAEW)coreTechnology or IntegrationHorsfield & Smith is a trading name of Horsfield-Smith Limited and is registered to carry on audit work and regulated for a range of investment business activities by ICAEW. The firm adheres to ICAEW professional standards and codes of conduct.
• Liberty Mutual Insurance Europe LtdsupportingOthersProfessional indemnity insurer. The firm's professional indemnity insurance is provided by Liberty Mutual Insurance Europe Ltd, 3rd Floor, 2 Minster Court, Mincing Lane, London EC3R 7YE. Territorial coverage is worldwide, excluding professional business from offices in the USA or Canada and excludes any action for a claim brought in any Court in the USA or Canada.
• Made in Bury Business AcademyminorGTM or Marketing PartnerHorsfield & Smith partnered with the Made in Bury Business Academy, a local business support initiative, demonstrating community engagement and local business network involvement in the Bury and Greater Manchester region.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Haines Watts: UK-wide chartered accountancy network focused on SMEs, owner-managed businesses and growing companies, offering compliance, advisory and outsourcing services closely aligned to Horsfield & Smith's three-pillar model.
• PM+M: Chartered accountancy firm headquartered in Bury with offices across the North West, serving SMEs and owner-managed businesses with accounting, tax and advisory services — directly comparable in geography and target customer.
• Cowgills: Bury-based chartered accountants serving SMEs and owner-managed businesses with compliance and advisory services; competes head-to-head with Horsfield & Smith in the same local market.
• Mitchell Charlesworth: Manchester-based chartered accountancy firm offering accounting, audit, tax and advisory services to SMEs and owner-managed businesses across the North West.
• DTE Business Advisers: Manchester-headquartered chartered accountants serving SMEs, owner-managed businesses and growing companies with compliance, advisory and corporate finance services.
• PKF Smith Cooper: Mid-tier UK chartered accountancy firm with regional offices serving owner-managed businesses and SMEs with compliance, tax planning and advisory services.
• Beever and Struthers: Manchester-based chartered accountancy firm providing accounting, audit, tax and advisory services to SMEs, owner-managed businesses and not-for-profit organisations in the North West.

Broad incumbents

• BDO UK: Top-tier UK accounting and advisory network with established SME and owner-managed business services; competes for advisory mandates but operates as a broad incumbent with national reach.
• RSM UK: Top-10 UK accounting firm serving mid-market and growing businesses with audit, tax and advisory services — a broad incumbent in the same SME and owner-managed segments.

Others

• Kreston International: Global network of independent accounting firms of which Horsfield & Smith is a member; functions as an ecosystem enabler providing referrals, technical resources and international coverage rather than directly competing for local SME mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HorsfieldSmith
• Facebookfacebook.com/HorsfieldSmith
• LinkedInlinkedin.com/company/horsfield-&-smith

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Horsfield & Smith