Robert Watts Estate Agents, a family-run business with over 45 years of history, operates four offices across Bradford, employing more than 30 staff.
Founded by Robert Watts, the company is now managed by his children James, his brother, and his sister, providing a full suite of property services, including sales, lettings, and property valuations.
As the next generation took the reins, the business needed an accountancy partner who could provide professional, forward-thinking advice.
Watson Buckle stepped in over a decade ago when Robert Watts’ previous accountant retired.
The transition from their original accountant, a sole practitioner closely aligned with Robert Watts, required adapting to a more structured and proactive approach. The business needed:
- A professional partner to navigate complex structures, including limited companies and family trusts.
- Expertise in managing payroll for 30+ staff, tax planning, and real-time financial information.
- Support for long-term strategic planning as the business prepared for future generational transitions.
How Watson Buckle has helped
Watson Buckle quickly established itself as a reliable partner, offering professional advice tailored to Robert Watts Estate Agents’ needs.
Proactive financial guidance
“Watson Buckle brought a more professional and proactive approach to our business,” James Watts explained. “They’ve introduced structure, helping us understand what we can and cannot do as a limited company, which was a big shift from the way things were done in the past.”
Seamless day-to-day operations
Watson Buckle manages key financial functions, including payroll, monthly account reconciliations, and year-end accounts. “With payroll alone being a mammoth task, knowing it’s handled correctly gives us great peace of mind,” said James.
Strategic advice
Watson Buckle holds regular meetings to provide strategic advice on succession planning, leadership roles, and organisational structure.
“These meetings take us out of our comfort zone and allow us to focus without distractions,” James noted.
Watson Buckle also provides expert guidance on managing the family trust to ensure efficiency and compliance with tax laws.
Help navigating complex projects
Watson Buckle supported Robert Watts Estate Agents through the voluntary liquidation of a limited company linked to a joint venture. “They helped us dissolve the relationship and restructure shares efficiently,” James explained. “Without Watson Buckle, tackling this would have been impossible.”
Plans for the future
As the family plans for the future, Watson Buckle is guiding them through leadership transitions, retirement planning, and ownership structure adjustments. “They’re helping us prepare for the next ten years, ensuring we’re ready for any challenges,” said James.
With Watson Buckle’s support, Robert Watts has:
- Improved financial processes, ensuring compliance and efficiency.
- Gained clarity on complex structures, such as trusts and share ownership.
- Developed a clear plan for succession and leadership transitions.
James summarised: “We’re a family business, and it’s easy to become insular. Watson Buckle offers an outside perspective, helping us see where we can improve.”
Why Robert Watts Recommends Watson Buckle
James is clear about the value Watson Buckle provides:
- Professionalism: “They’re an all-encompassing, professional outfit that delivers what they promise.”
- Personal Relationships: “We’ve worked with Sandra Robinson for over 20 years – she knows us inside out, and that personal touch is invaluable.”
- Strategic Insight: “They’re more than accountants – they’re business consultants helping us think beyond the day-to-day.”
For businesses looking for a trusted accounting partner, James’ advice is simple: “You get out what you put in. If you want more than just the basics, Watson Buckle is the right partner to help you grow and succeed.”
Looking Ahead
As Robert Watts Estate Agents continues to evolve, Watson Buckle remains a vital partner, helping the family navigate challenges and embrace opportunities. “We’ve had a great experience so far, and I’m confident that won’t change as we tackle the next phase of our journey,” James concluded.