An Armagh-based accountancy firm is celebrating its tenth year in business. Wylie Ruddell, which was founded by Alan Wylie, started with a team of four to now employing 14 members of staff and has experienced substantial growth over the decade despite the challenging economic climate.
The company has ambitious plans for further growth including the expansion of its auditing division offering larger corporate businesses a cost-effective, quality alternative to the big four tier audit firms and ongoing investment in digital accounting solutions to help clients get ready for the new digital tax era.
Founder of Wylie Ruddell, Alan Wylie said: “We are delighted to have reached the milestone of a decade in business. Over the last ten years both our number of employees and office space have more than trebled in size. We have enjoyed steady growth and are proud that this has been achieved the best way – through client retention and word of mouth recommendations. It has been our mission since 2010 to deliver a quality service in the first instance and ensuring value for money to our clients.”
He added: “The last 12 months have been hugely challenging for local businesses with many fighting for survival. 2021 will continue to present hurdles for them to overcome, not least on profitability and sustaining cashflow during the recovery phase we are about to enter post lockdown. A lot of businesses will have to relearn how to run efficiently again in order to be fit to compete, not just after the pandemic but in the new post-Brexit marketplace where competition will be no less hungry than before. Put simply, the biggest challenge will be having the ability to adapt.”
David Ruddell, Principal of Wylie Ruddell added: “We don’t just work with our clients on compliance and figures but we provide vital support to help them navigate the challenges and achieve their business goals. As lockdown starts to ease and businesses reopen, this type of support is needed more than ever.
“Our highly qualified team, which comprises of Chartered Accountants, Trainee Chartered Accountants, Accounting Technicians and a fully qualified tax professional, sets us apart from other similar sized practices and has been purposely shaped to enable us to provide the help our current, and future clients, need. We have the right team in place and ambitious plans for further growth in the months and years ahead, so it is an exciting time for Wylie Ruddell.”
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