OBC Accountants Eastbourne

We are delighted to announce some positive news for clients and friends of OBC The Accountants and Kevin Alderton and Team as we become X5, Chartered Accountants

At last we have merged - you will probably know we have been planning this merger for over a year but regulatory issues and logistics have meant this has not been as easy as one might have expected.

Nevertheless it has now happened - on 1st June.

Kevin Alderton and Team moved into our offices in Eastbourne from Newhaven last September and we have been working together for the benefit of our clients.

OBC and its two directors Mike Ogilvie and Andy Hill have known Kevin for nearly 30 years and so, in many ways, this has been a natural step as we have recently worked together to explore how we can better use technology and artificial intelligence to actively help our clients, both personal and in business, big and small, in a way that is not readily available for smaller firms of accountants.

OBC were the first firm in East Sussex to be awarded “Gold” status supporting Xero software and we are actively packaging together useful technology apps to help our clients to be more efficient and effective like Receipt Bank and Auto-entry for more efficient processing of transactions, Chaser for more effective control systems, Futrli and Float for forecasting, and many more you will hear about in the near future.

Michael, Andy and Kevin will remain as director shareholders to ensure continuity, but we will be supported by a bigger and even better qualified team with a wider range of specialist skills - so hopefully any changes you will see will only be positive and beneficial.

Our senior team of managers Clare King, Sharon Bishop, and Ryan Smith have been reinforced by the recent arrival in Eastbourne of experienced manager Richard Best, who has been commuting to work in London for the last 20 years , and has now decided he likes what he has seen as the vision for the future in our newly merged firm.

Our business has also been strengthened with the arrival into our business in May of MVL Business Services in Battle who, like us with Xero, are Gold partners of QuickBooks Online software - two centres of excellence in the same firm.

Mark Law and his team have gained a phenomenal reputation for their provision of fast accurate and reliable financial information to their clients. You will be hearing soon about our intention to offer efficient and meaningful daily bookkeeping and management information services, spearheaded by our team at MVL.

Our name - so what should we call ourselves?

Whilst we want to retain all that is good and which our clients love about our traditional services in the past, we also want to be bold and different to reflect our increasing emphasis on client focused service, embracing more IT and technology support, to help our clients be more successful in achieving their goals and life aspirations.

So we have decided to depart from tradition; Our new company name is now Xynamo 5 Ltd, and we will call ourselves X5, Chartered Accountants.

We not only have been working hard on the business support service side offered to our clients, but we are also proud to announce that we now have as part of our specialist support team of independent advisers one of the country's most highly qualified tax advisers , who is the author of many taxation text books in recent years. Some of our clients have already benefited from his expertise.

So exciting times and there is more to come - watch this space.

A new website is being launched with a free X5 app to help our clients, and we will keep you informed as our improved services are developed and rolled out.

With best wishes.

Yours sincerely

Michael, Andy and Kevin

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