It is now 33rd in the country in a league table compiled by Accountancy Magazine, the official journal of the Institute of Chartered Accountants in England and Wales.

The league table, which ranks accountancy firms based on their overall fee size, serves as a professional benchmark for the UK's leading accountancy and tax practices. The table also provides an insight into trends within the marketplace.

While some sectors face pressure on growth, including the Big 4, mid-tier firms such as Streets appear to be riding the storm in the current economic climate and are reporting growth and expansion.

Over the last year, Streets has achieved organic growth of 11.5 per cent across the business. This result compares with an average across its competitors of 6.4 per cent growth.

Streets Tax, the firm's dedicated tax practice, also bucked the national tend with a 12 per cent growth in business, a result which puts the firm's tax work in the top 40 tax practices in the UK, with a ranking of 32nd.

The firm's organic growth has been increased by its merger with one of the East of England's leading firms, Whitmarsh Sterland, earlier this year. With eight partners and 53 staff, its well-established client base adds to the group's business activity.

Commenting on the firm's success, Streets' chairman and managing partner Paul Tutin said: "We are especially delighted with this year's results, they are a true accolade to our partners and staff who have collectively worked with such dedication and professionalism to help us to achieve this result.

"Our merger with Whitmarsh Sterland has been a real boost, a win win for both firms. Coming together has not only strengthened our respective practices, it has enabled us to be recognised as one of the pre-eminent firms in the East England."

External links:
Streets Chartered Accountants

Institute of Chartered Accountants in England and Wales