AYR-based chartered accountancy practice William Duncan + Co has opened a new Glasgow office as it pursues further expansion, having already increased its annual fee income to more than £5 million.
William Duncan, which employs 75 people and was established in 1919, has opened an office in Bothwell Street. It had previously had its Glasgow operations in shared offices in the city's Blythswood Square.
The new office will be home to William Duncan's six-strong business recovery team.
The firm declared that this team specialises in "helping businesses, individuals, lenders and creditors in times of financial distress".
A spokeswoman for William Duncan said a number of partners would work between the Ayr and Glasgow offices. She added that tax, accounting, and wealth management work, as well as business recovery services, would be undertaken in Glasgow.
William Duncan entered the Glasgow market in 2013 - appointing insolvency practitioner Annette Menzies to head its business recovery team.
The firm also has smaller offices at Cumnock in Ayrshire, Tarbert in Argyll, and Hamilton in Lanarkshire.
Robert Fergusson, managing partner of William Duncan, said: "This is an exciting new venture for us. Our business has grown significantly in the past few years through a variety of new services now being offered, including cloud accounting and business recovery.
"In a tough and competitive business environment, it is important for our clients to know that they are working with people who are skilled both in helping businesses grow and in turning difficult situations around."
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article