Substantial growth prompts Price Bailey Norwich office move

3 mins

Price Bailey have moved into new, larger premises on St Andrews Business Park, to meet the growing demand for the firm’s professional services from its ever-increasing client base.

The firm is currently recruiting to fill 36 vacancies (more than two thirds of which are new positions), in response to continuing growth as a result of both strategic acquisitions and by delivering relevant and focused advice.

“The firm is growing substantially, having increased the headcount both in Norwich and across the practice overall by more than a third in the last two years,” said Price Bailey Managing Director Martin Clapson. “We believe our success is down to our two greatest assets, our clients and our people.”

The new offices provide modern and innovative facilities including a new suite of meeting rooms and a large boardroom. The overall space occupied in the new premises is more than three times the size of the previous office, with plenty of room to continue to grow.

Martin believes the firm’s investment in its people has been pivotal in ensuring sustained growth, with ongoing initiatives in staff training and employee engagement including internal coaching, talent management programmes, and most recently the launch of ‘Smart Working’, its unique flexible working initiative. This investment was reflected last year when the firm were Highly Commended at the British Accountancy Awards in the ‘Graduate and Non-Graduate Programme of the Year’ category.

The acquisition of the new office also marks an important milestone for Price Bailey as the firm prepares to celebrate its 80th anniversary. Having initially established its roots in Bishop’s Stortford, Hertfordshire in 1938, Price Bailey first opened its doors to the Norwich community on Old Palace Road in 1982, following the acquisition of Graver Madders and Co. The company now also has offices in Cambridge, Ely, London and Sawston, as well as in the Caribbean and the Channel Islands.

“Our presence in Norwich has steadily increased over the years,” said Martin. “This was initially aided by a move to Norwich City centre in 1985, the first of a series of investments into newer and larger premises as Norwich became and continues to be a key market for the firm.”
The firm recently strengthened its Norwich senior team with the appointment of Karl Gessner, a new Director within the Corporate team, and Private Client Tax Manager, Michael Morter, while also promoting Stuart Morton to Senior Manager and Gary Bugdale to Director. “It’s a really exciting time for Price Bailey and with such a talented and motivated team, I am very confident our growth and success will continue,” added Martin.