A major office revamp is part of a big plan for growth.
Worcestershire-based accountancy firm Ballards has completed a refurbishment of its headquarters, thanks to support from Lloyds, as part of plans to double in size over the next three years.
The firm, which employs around 170 people across the West Midlands, has redesigned its office to create a modern workspace aimed at supporting collaboration, recruitment, and future expansion.
Mark Skellum, partner and CFO at Ballards, said: “We’ve grown significantly over the past few years and we’re ambitious about what comes next.
“The refurbishment of our Worcester headquarters is an investment in our people, our clients, and the future of the business.
“The response from both our team and our clients has been incredibly positive.
“It has strengthened our ability to attract talented people, enhanced the experience for clients, and given us a workspace that reflects the scale of our ambitions.”
The Worcester headquarters, located on the banks of the River Severn, has undergone a comprehensive refurbishment supported by a £3 million funding package from Lloyds.
This funding has provided the capital needed to fuel the company’s ongoing expansion.
Ballards LLP has completed a major refurbishment of its HQ, backed by £3m in funding from Lloyds (Image: Lloyds Banking Group )
Ballards has broadened its services beyond traditional accountancy, now offering corporate finance, wealth management, and digital transformation services.
It also operates Four Squared Recruitment and Creative Folks, a digital marketing agency.
The investment is part of a wider strategy to drive turnover growth, building on a period in which the company has trebled in size over the past five to six years.
Ballards has also bolstered its regional presence with a new office in Birmingham, refreshed its brand, and completed a local acquisition to expand its partner-led teams.
A key part of Ballards’ growth strategy is investment in talent.
The firm expects to recruit around 25 people this year, including apprentices, graduates, and placement students.
Mr Skellum said Lloyds had played an important role in supporting the business as it grows.
He said: “Throughout that journey, Lloyds has been a supportive partner.
“As the business has grown, our requirements have evolved, and having access to the right funding and support has given us the confidence to continue investing in the business while remaining independent.”
Mark Smith, relationship manager at Lloyds, said the bank was proud to back Ballards’ vision.
He said: “Ballards has established a strong reputation across the West Midlands and continues to demonstrate an impressive commitment to growth, investment, and talent development.
“The refurbishment of its headquarters is a great example of a business investing for the future, creating an environment that supports both its employees and clients, while strengthening its foundations for long-term growth.
“We look forward to continuing to support the team as they pursue their ambitious plans.”
The company has placed a particular emphasis on apprenticeships in recent years.
This focus provides alternative entry routes for school leavers and supports the development of future talent within the accountancy sector.
