Nichols & Co Accountants

What Nichols & Co Accountants does

Nichols & Co Accountants is a privately held UK chartered accountancy and business advisory firm founded in 1999 by Steve Nichols in Eltham, South East London. The firm delivers a full-service professional offering across nine integrated service lines — accounting, audit and assurance, tax compliance and planning, VAT compliance and planning, payroll, business strategy, company formations, inheritance tax and estate planning, and probate and estate administration — delivered by a team of 13 including chartered accountants, tax advisors, auditors, payroll specialists, and trainees. It is regulated by the Institute of Chartered Accountants in England and Wales (ICAEW) for audit and investment business activities, and holds a reserved probate licence (reference C009237306). The firm operates two offices — Eltham (headquarters) and Whyteleafe on the Surrey/London border — and serves a diversified client base across medical professionals, high-net-worth individuals, solicitors, landlords, property developers, sole traders and small businesses, and construction and transport sectors, with a stated emphasis on medical sector specialisation via the dedicated Nichols Medical Accountants sub-brand.

The firm's competitive positioning rests on deep domain expertise rather than technology. Service delivery is built on standard cloud accounting infrastructure (Sage, Xero), an Iris OpenSpace client portal, and Calendly-based consultation booking. The medical-vertical specialisation is reinforced by membership in AISMA (Association of Independent Specialist Medical Accountants) and endorsement by Medics Money, with the founder's Big 4 background and senior team credentials (FCA, CTA, FCCA, MSc) underpinning technical authority.

Nichols & Co generates revenue through professional services fees on a quote-based, hourly or annual-fee model across all nine service lines. GTM is consultative and sales-led: free initial consultations, Calendly booking, and a contact form with enquiry segmentation (new client, switching accountant, partnerships, media). Client acquisition combines organic regional presence in Greater London and the South East with a multi-channel digital push (blog content on Autumn Budget and sector-specific tax topics, plus LinkedIn, TikTok, Facebook, Instagram, and email newsletters), supported by client referrals and word-of-mouth from long-tenured engagements.

Name

Nichols & Co Accountants

Legal name

Nichols & Co (Accountancy) Limited

Website

https://nichols.co.uk

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Nichols & Co Accountants is a privately held UK chartered accountancy firm in Eltham, London, offering nine integrated service lines spanning accounting, tax, audit, payroll, probate, and business advisory, with a specialist medical-professional focus via the Nichols Medical sub-brand and AISMA membership, serving medical, HNW, legal, property, and SME clients.

Ownership category

akta.pro rank

Product category

Professional Accounting Services

NAICS

Offices of Certified Public Accountants (541211), Other Accounting Services (541219)

SIC

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

akta.pro primary industry

Accounting & Bookkeeping Services (BPAHABAC)

akta.pro secondary industries

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF), Family & Private Client (Trusts & Estates) Law (BPAHAAAK), Estate Planning & Trust Structuring Advisory (FSAEAKAC)

Keywords

• Accounting services
• Tax compliance planning
• Audit assurance
• Business advisory
• Medical accounting

Headquarters

HQ city

Eltham, London

HQ country

United Kingdom

HQ region

Europe

Offices2 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. Accounting Services: Year-end accounts, compliance services, financial reporting for businesses and individuals
2. Tax Compliance & Planning: Tax return preparation, tax planning advice, and tax enquiry protection for individuals and businesses
3. Audit & Assurance: Company auditing and financial reporting services
4. Payroll Services: Outsourced payroll processing for organisations
5. Probate & Estate Administration: Non-contentious probate services, estate administration guidance and support
6. VAT Compliance & Planning: VAT registration, compliance and planning advice
7. Business Strategy: Business advisory and strategic guidance services
8. Company Formations: Company structure advice and full formation process handling
9. Inheritance Tax & Estate Planning: Wealth planning including inheritance tax planning for the next generation

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Nichols & Co Accountants is a full-service chartered accountancy and business advisory firm offering nine integrated service lines: accounting, audit and assurance, tax compliance and planning, VAT compliance and planning, payroll, business strategy, company formations, inheritance tax and estate planning, and probate and estate administration. The firm serves both businesses (accounting, audit, payroll, VAT) and individuals (personal tax, inheritance tax, probate) across Greater London, the South East and nationally. It also operates a specialist sub-brand, Nichols Medical Accountants, focused on doctors, GPs and other healthcare professionals with deep knowledge of NHS pension schemes.

Product overview

Nichols & Co Accountants is a full-service accounting and business advisory firm offering a unified portfolio of professional services. The core offering comprises nine integrated service lines: Accounting, Audit & Assurance, Tax Compliance & Planning, VAT Compliance & Planning, Payroll, Business Strategy, Company Formations, Inheritance Tax & Estate Planning, and Probate & Estate Administration. The firm also operates Nichols Medical Accountants (nicholsmedical.co.uk) as a specialist sub-brand serving medical professionals. Services are delivered by chartered accountants, auditors, payroll specialists, and tax advisors serving clients across Greater London and nationally.

Differentiator

Problem solved

Functional benefit

Brands

• Nichols Medical Accountants: A specialised tax and accounting service for doctors and other medical professionals, operating through nicholsmedical.co.uk

Products and services

• Accounting Comprehensive accounting services covering year-end accounts, compliance services, and ongoing financial record management for individuals and businesses.
• Audit & Assurance Auditing and financial reporting services to ensure compliance and provide assurance on financial statements, delivered under ICAEW registration.
• Tax Compliance & Planning Tax compliance and planning services to ensure full regulatory compliance whilst minimising tax liabilities for individuals and businesses, including tax enquiry protection.
• VAT Compliance & Planning VAT registration, compliance and planning advice to ensure businesses meet their VAT obligations.
• Payroll Outsourced payroll processing services handling salary calculations, national insurance contributions and PAYE for businesses.
• Business Strategy Business advisory services providing strategic guidance based on extensive experience across a wide variety of scenarios.
• Company Formations Guidance on company structure and complete formation services to register new companies on behalf of clients.
• Inheritance Tax & Estate Planning Wealth planning services addressing inheritance tax implications and planning for the next generation, targeting individuals and families.
• Probate & Estate Administration Non-contentious probate services, guidance and support for handling estates of deceased family members or friends, delivered under ICAEW probate licence (C009237306).
• Medical Accountants (Nichols Medical sub-brand) Specialised tax and accounting service for doctors, GPs, locums and other medical professionals, including NHS pension reviews, income tax returns, early year expense claims, tax enquiry protection, performance benchmarking, accounting and corporation tax, partnerships and mergers, and company formation.

Quantifiable outcome

• Clients have worked with the firm for 20+ years indicating long-term satisfaction

Named customers3 records

Segments10 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• AISMA (Association of Independent Specialist Medical Accountants)coreOthersNichols & Co is a member of AISMA, a nationwide network of more than seventy-five firms specialising in advising medical practices, sessional GPs, and hospital doctors on financial matters. The firm has been part of this association for many years.
• Medics MoneycoreGTM or Marketing PartnerMedics Money is a specialised platform for medical professionals seeking vetted financial advisors, established by two doctors. Nichols & Co is verified and handpicked by Medics Money to serve their network of medical professional clients.
• ICAEW (Institute of Chartered Accountants in England & Wales)coreOthersNichols & Co is licensed by ICAEW to carry out the reserved legal activity of non-contentious probate in England and Wales. Registered as auditors and regulated for a range of investment business activities in the United Kingdom by ICAEW.
• Nichols Medical (nicholsmedical.co.uk)coreOthersNichols & Co operates a dedicated medical accounting brand at nicholsmedical.co.uk, serving as a specialised vertical-focused entity under the same parent group.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Crowe UK: Mid-tier UK accountancy network providing accounting, audit, tax, and advisory services to SMEs and professional practices including medical and legal sectors; competes with Nichols & Co for the same professional client base at greater scale.
• Moore Kingston Smith: Mid-tier London-based accountancy and advisory firm serving SMEs, professional practices, and HNW clients; overlapping with Nichols & Co's full-service London-centric offering but with materially larger headcount and broader sector reach.
• MHA MacIntyre Hudson: Top-15 UK accountancy group with a strong medical/healthcare sector specialism (a founder member of AISMA-related practice); competes with Nichols & Co for medical professional clients but at significantly larger scale and geographic reach.

Direct peers

• Rickard Luckin: Essex/South East chartered accountancy firm offering accounting, tax, audit and business advisory to SMEs and HNW individuals; directly comparable to Nichols & Co in regional positioning, size and service mix.
• Kreston Reeves: Kent/South East-based chartered accountancy firm of comparable size with full-service offerings (accounting, tax, audit, payroll, advisory) and sector specialisms including professional practices and healthcare — directly comparable on geography, scale and service mix.
• Menzies LLP: Mid-sized UK chartered accountancy firm offering accounting, tax, audit and advisory services with sector specialisms including professional services and healthcare; overlaps meaningfully with Nichols & Co's service portfolio and target segments.
• Streets Chartered Accountants: East Anglia/Hertfordshire-based chartered accountancy firm providing accounting, tax, audit, probate and advisory services to SMEs, professional practices and HNW clients; very close comparability to Nichols & Co on service breadth and target segments.
• Carpenter Box: Regional UK chartered accountancy firm with comparable headcount, multi-vertical sector specialisms, and full-service offerings (accounting, tax, audit, advisory) targeting owner-managed businesses and high-net-worth individuals — directly comparable to Nichols & Co in scale and service mix.
• Hawsons Chartered Accountants: Regional UK chartered accountancy firm providing accounting, tax, audit and advisory services to SMEs and HNW clients; similar size profile and full-service offering as Nichols & Co, with comparable target segments.

Others

• Medics Money: Specialist platform for medical professionals seeking vetted financial advisors, co-founded by two doctors; not a direct competitor but an ecosystem partner that has formally verified Nichols & Co and helps route medical-professional demand to specialist UK accountants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/nicholsandcoacc
• LinkedInlinkedin.com/company/nichols-&-co
• Instagraminstagram.com/nichols_accountants
• TikTokin.tiktok.com/@nicholsaccountants

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 Nichols & Co Accountants