Draft:Price Bailey

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  • Comment: Minimal improvements since last decline, as well as obvious AI tells such as weird reference titles, ("Access restricted"?), overuse of lists and broken ref #24. Somepinkdude (talk) 02:35, 18 December 2025 (UTC)
  • Comment: This is basically just a corporate presentation.
    There is a lot of unreferenced content here – where is all this information coming from? DoubleGrazing (talk) 10:28, 17 December 2025 (UTC)


Price Bailey
IndustryProfessional services
Founded2nd April 1938
Headquarters
Bishop's Stortford, Herts
Number of locations
12
Area served
Offices across London, East Anglia, Oxford, Dubai and the Eastern Caribbean.
Key people
Martin Clapson (Managing Director)
Services
  • Audit
  • Accounting and outsourcing
  • Corporate finance
  • Tax advisory
  • Business valuation and forensic accounting
  • Insolvency and recovery
  • Employment law and human resources
  • Private client services
Number of employees
580
Websitehttps://www.pricebailey.co.uk/

Price Bailey

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Price Bailey LLP was founded on 2 April 1938 by Leslie Benten as L.H. Benten & Co, Price Bailey LLP is a firm of chartered accountants and business advisers headquartered in Bishop's Stortford, Hertfordshire.[1] The firm's main headquarters are located in Bishop's Stortford, Hertfordshire, specifically at Causeway House, 1 Dane Street.

Price Bailey is a UK-based firm of chartered accountants employing around 580 people. Ranked within the top 40 accountancy practices in the UK, the firm was named 'Large Firm of the Year' at the 2010 Accountancy Age Awards..[2] It maintains memberships with the Association of Practising Accountants (APA)[3] and the International Association of Practising Accountants (IAPA),[4] and is registered with the Institute of Chartered Accountants in England and Wales (ICAEW)[5] as an audit firm.

Services include accounting, audit, corporate finance, tax,[6][7] and strategic advisory. It also provides expertise in employment law, insolvency, valuations, and private client services, including tax, wills and probate.

History

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Early history

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File:Price Bailey - geograph.org.uk - 2563937.jpg

Price Bailey was founded on 2 April 1938,[8] when Leslie Benten established L.H. Benten & Co. in Bishop's Stortford. In 1943, Stanley Price joined the firm, becoming a partner in 1947. Reginald Bailey was appointed a partner in 1950, and the firm was renamed Benten, Price and Bailey. Following Leslie Benten's departure in 1956, the firm was renamed Price Bailey and Partners.[9]

The firm expanded its regional presence, establishing offices in Cambridge (1956), Saffron Walden, and Ramsey. The Stortford, Harlow, and Cambridge practices formally amalgamated in 1960. By the late 1960s, new offices were opened in Great Dunmow and Chingford, London.

The early 1980s the firm acquired Graver, Madders & Co. in 1982 to establish a presence in Norwich. Founders Stanley Price and Reginald Bailey retired that same year. New offices were opened in Newmarket and Saffron Walden in 1986, followed by an office in Ely in 1989.

The 1990s onward saw strategic growth and diversification,[10] establishing specialist units in corporate finance, small business, and personal tax. By 1999, the firm's national ranking had risen to 42nd.

In the 2000 s Price Bailey acquired Stephenson Davies (2002) and converted to a Limited Liability Partnership (LLP) in 2004. Expansion[11][12] into London began in 2007 with offices in the City and Baker Street. A Guernsey office was also opened to support local and international clients.

By 2010, Price Bailey employed 225 staff and 23 partners.[13] In 2019, the firm's Guernsey operations were acquired by Grant Thornton Channel Islands. Price Bailey subsequently expanded its international footprint by opening an office in Dubai in 2020.

Recent history

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In 2023, Price Bailey acquired Stephenson Smart and Co, establishing a presence in Peterborough. This was followed in 2025 by the acquisition of Oliver Clive + Co, which added a third London location on Baker Street. As of 2025, the firm is ranked within the UK's top 40 accountancy practices and is governed by an elected Board of Directors.[14]

Offices

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Price Bailey maintains a network of offices across East Anglia, London, and international locations.

United Kingdom: The firm's offices in the UK are located in:

London (City, Mayfair and Baker Street), Bishop's Stortford, Cambridge, Newmarket, Norwich, Oxford, Peterborough, Sawston

International: The firm's international presence includes offices in Dubai, United Arab Emirates, and the Eastern Caribbean.

Services

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Price Bailey provides accounting, audit, tax, and business advisory services to small and medium-sized enterprises (SMEs), private clients, and regional, national, and international businesses. In addition to traditional accountancy and regulatory work, the firm has developed a broader consultancy role, offering planning and advisory services across several specialist areas.

The firm groups its work into services for businesses and for individuals:

  • Audit and assurance
  • Tax advisory
  • Corporate finance
  • Restructuring and insolvency
  • Business consultancy and strategic planning
  • People management and HR
  • IT and business systems
  • Legal services
  • Valuations

International services

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Advice for businesses[15] and individuals trading or investing abroad, including in the Channel Islands, the Eastern Caribbean, and the Middle East.

Price Bailey works with a range of sectors, including leisure[16][17][18], healthcare,[19] education, property and real estate, farming[20], charities,[21] and gaming, providing sector-specific compliance, tax,[22] and advisory[23] support.

Operations and Structure

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Price Bailey is owned and managed by its partners and operates as a Limited Liability Partnership (LLP),[24] a structure it adopted in early 2004. This conversion was designed to protect the LLP members from the firm's debts, a standard practice among accountancy firms.

The firm remains an independent entity and is the brand name for Price Bailey Group Limited and its subsidiary companies and limited liability partnerships, which operate both inside and outside the UK. The principal firm is Price Bailey LLP (registered in England & Wales, number OC307551[24][25]), with Price Bailey Limited (registered in Guernsey) and Price Bailey Mayfair LLP also being part of the group.

Following its conversion to an LLP in June 2004, Price Bailey established a democratically elected Board of Management to run the firm. Peter Gillman was elected as the first Managing Director[26] for a three-year term. In 2013 Martin Clapson[27] took on the role of Managing Director.[28] Martin Clapson also serves as the Chairman of the European Board of the International Association of Professional Accountants (IAPA).[29]

Price Bailey operates an Employee Share Scheme. After an employee completes 12 months of continuous service with the firm, they are eligible to join the Price Bailey All Employee Share Scheme[30] and receive 25,000 employee shares in Price Bailey Group Ltd, the group's holding company.

Awards and recognition

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Price Bailey has received national and international awards for its professional services and workplace culture.

Employer and Workplace Awards

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Price Bailey has been consistently recognised as a leading employer by independent surveys.

  • Best Companies: The firm has been repeatedly listed as an "Outstanding" (2 Star) Organisation, including in 2025.[31] In 2024, 2023, and 2022, it was named a Top 5 Accountancy Firm and placed on lists of the best large companies to work for in the UK, London, and the East of England.[32][33][34]
  • The Sunday Times: The firm was listed in The Sunday Times' 100 Best Companies to Work For in 2018 and 2019.[35]
  • British Accountancy Awards: The firm was shortlisted for Best Employer in 2015[36] and received a win for Graduate and Non-Graduate Programme of the Year in 2018.[37]

Accounting and Advisory Excellence

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The firm has received numerous national and international honours for its professional services.

  • Corporate INTL Global Awards: The firm was recognised as the Business Advisory Firm of the Year in England in both 2021 and 2022.
  • Global Advisory Experts (GAE) Awards: Price Bailey was named Forensic Accounting Advisory Firm of the Year in the UK (2022) and in England (2020, 2021). The firm also received the award for Offshore Wealth Solutions Accounting Firm of the Year in Guernsey (2019).
  • British Accountancy Awards: The firm was named "National Firm of the Year" in 2018[38] and won for Outstanding Community Engagement and Contribution in 2017.[39]
  • ACQ Global Awards / ACQ5 Global Awards: The firm has received multiple national honours, including UK Forensic Accounting Firm of the Year and UK Audit Firm of the Year (2015).[40]

Corporate Finance and Dealmaking

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Insider Central & East of England Dealmakers Awards: The Transaction Services team was named Team of the Year in 2024. Phil Sharpe was named Dealmaker of the Year, and Eleanor Lothian received the award for Emerging Dealmaker of the Year.[41]

Corporate Social Responsibility

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Price Bailey engages in corporate social responsibility (CSR) initiatives focused on the environment, education, well-being, and charitable fundraising.

Charity Partnership

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Since April 2023, Price Bailey has partnered with the emotional support charity Samaritans.[42] During this partnership, Price Bailey's staff have participated in various fundraising and volunteer activities, including a firm-wide Charity Day.

PB Inspires

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The firm operated the PB Inspires program[43] until 2020, a CSR initiative that partners with schools in its local communities, including those in East Anglia and London. The program provides career guidance, employability skills, work experience, and mentorship for students aged 14 to 18.

Employee Welfare

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Price Bailey has been recognised in the Best Companies survey,[44] achieving 2-Star "Outstanding" status in 2025[45]. The firm supports its employees' well-being by providing employee-assistance programmes and mental health support, including dedicated Mental Health Ambassadors. The firm also offers “smart working” a form of flextime that allows staff to have a better work-life balance, paid "giving back" or volunteering days for staff, and matches employee donations up to a set amount.

References

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