Moore Kingston Smith
TypeLimited Liability Partnership
IndustryProfessional services
Founded1923
HeadquartersLondon, United Kingdom
Key people
Maureen Penfold (Managing Partner)
ProductsCharities
Education
Financial Services
Marketing Services
Media & TV
Property
Professional Firms
Technology
ServicesAccountancy & Audit
Association Management
Bookkeeping & Management Accounts
Business Tax
Charity Fundraising & Management
Company Secretarial
Controls Assurance, Risk Management & Technology Advisory
Corporate Finance
Corporate Recovery & Insolvency
Employer Services
Financial Planning
Forensic Accounting Services
Legal Services
Personal Tax
Private Client Services
Recruitment
VAT & Duty Planning
RevenueIncrease Uk£75.86 million (2022 accounts)
Number of employees
700 (2022 accounts)
WebsiteOfficial website

Moore Kingston Smith founded in 1923 is an accountancy firm located in the United Kingdom. The firm has six offices in London and the south-east and is the London member of the Moore Global Network.[1] In 2022, the Moore UK network ranked 10th on Accountancy Age magazine's "UK Top 50 Accountancy Firms" list.[2][3]

The firm has over 75 partners and more than 700 people based in and around London, making it the largest UK member of the Moore Global Network.[4]

The Moore Global Network consists of 34,000 people in 522 offices across 112 countries and is ranked by the International Accounting Bulletin (IAB) as the 11th largest accountancy network in the world.[5]

History

The firm was formed in 1923 as Messrs Kingston Smith & Co. with the amalgamation of Herbert Kingston and George Alan Smith.[6]

Sir Michael Snyder joined the company as a trainee in 1968 and became Managing Partner in 1979. He played a leadership role in the company, becoming Senior Partner in 1990. He stepped down from the board in 2016, but was retained as a consultant.[7] Martin Muirhead succeeded him as Senior Partner in 2016,[8] while Maureen Penfold became Managing Partner.[9]

In 1984, Kingston Smith established its investment management division, known as Cheviot Asset Management Limited.[10] In May 2006, a team of wealth managers departed from UBS to acquire this division from Kingston Smith, which subsequently became part of Quilter, forming Quilter Cheviot.[11]

Moore Kingston Smith was a founding member of Kingston Sorel International (KSi), which became Morison KSi in 2016, an international association of independent accountancy firms. In 2019, Moore Kingston Smith left Morison KSi and joined Moore Global.[12] In 2021 Moore Kingston Smith acquired the Audit and Accounting business of Frank Hirth, an accountancy and tax firm.[13]

In 2021, Martin Muirhead retired from his role as Senior Partner. Graham Tyler was appointed Chairman of the firm, alongside Maureen Penfold as Managing Partner.[14]

In 2023, Moore Kingston Smith acquired a majority stake in Moore Ireland. [15]

References

  1. ↑ Colella, Anton. "Kingston Smith Joins Moore Global | Moore - MOORE". www.moore.co.uk. Retrieved 2023-11-03.
  2. ↑ "Top 50+50 Accountancy Firms 2022". Accountancy Age. Retrieved 2023-11-03.
  3. ↑ "About us". Moore Kingston Smith. Retrieved 2023-11-03.
  4. ↑ "Locations". Moore Kingston Smith. Retrieved 2023-11-03.
  5. ↑ "Top 25 International Networks 2022". Accountancy Age. Retrieved 2023-11-03.
  6. ↑ "100 years of Moore Kingston Smith". Moore Kingston Smith. Retrieved 2023-11-06.
  7. ↑ Maffioli, John (12 August 2016). "Sir Michael Snyder: how to turn committee chairing into an art form". BDLN. Retrieved 6 November 2017.
  8. ↑ "Kingston Smith announces retirement of Sir Michael Snyder and appointment of Martin Muirhead as new Senior Partner". Moore Kingston Smith. Retrieved 2021-05-21.
  9. ↑ "Kingston Smith appoints Maureen Penfold as new Managing Partner". Moore Kingston Smith. Retrieved 2021-05-21.
  10. ↑ "MKS Centenary". Retrieved 2023-11-03.
  11. ↑ citywire.com https://citywire.com/wealth-manager/news/cheviot-liquidates-managed-fund/a312115. Retrieved 2023-11-03. {{cite web}}: Missing or empty |title= (help)
  12. ↑ Colella, Anton. "Kingston Smith Joins Moore Global". www.moore.co.uk. Retrieved 2021-05-21.
  13. ↑ Subscribe (2021-01-22). "Moore Kingston Smith announces acquisition of Frank Hirth's audit and accounting business". Business Money. Retrieved 2021-05-21.
  14. ↑ "Graham Tyler succeeds Martin Muirhead at Moore Kingston Smith". www.consultancy.uk. 2021-05-12. Retrieved 2021-05-21.
  15. ↑ "Accountancy firm Moore Ireland acquired by London peer". 2023-07-14. Retrieved 2023-11-03.
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