The firm will now change its name to Dow Schofield Watts Business Planning. The business, which is based in Stockport and made up of professionals with a background in Big Four firms, provides budgetary forecasts, financial models and detailed financial reporting services.

Founded in 2010 by Ellen Little and Rebecca Judson, the firm now serves clients nationwide including the NHS, Manchester Airport Group, Westminster City Council, the Association of Greater Manchester Authorities, Tameside Metropolitan Borough Council, and the States of Jersey.

Dow Schofield Watts Business Planning will retain its current base in Stockport but will work closely with Dow Schofield Watts’ existing teams in Daresbury, Leeds and London.

Ellen Little said: ‘Rebecca and I have spent the last eight years nurturing JL Advisory, and this is the perfect next step in the firm’s development. The move will allow us to enhance the services we can offer to existing clients, as well as giving us great opportunities to grow our team and expand our client base.’

James Dow, founding partner, Dow Schofield Watts said: ‘Financial modelling is a very specialist skillset but one which businesses, government bodies and investors alike rely on to plan for the future and support their decision making. The JL Advisory team are respected nationally for their work and have built a client base comprising leading public and private sector organisations.

‘Their skills will complement our existing corporate finance and advisory services and add further depth to the firm.’

Report by Pat Sweet