This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our privacy policy for more information on the cookies we use and how to delete or block them.
  • History of BDO

Our History


Our most recent milestone

In our Annual Results 2016/17, underlying revenues exceeded £428m and profits increased 11% to £87m.

Our long history

1903: The first powered flight and the first US/UK radio broadcast

1903: A.F. ‘Fred’ Stoy founds Stoy and Co.

1914-1918: World War I

1919: Amid the turmoil of that year, RJ ‘Jack’ Hayward joins Fred Stoy and ‘Stoy Hayward is created.

1929: Wall Street crash

1939-1945: World War II

1945: Establishment of the Bretton Woods system.

1952: Stoy Hayward moves to the West End – breaking away from the conservative confines of the City

1963: BDO International is founded (Binder, Dijke, Otte)

1965: Takeover of Lavy, Ascher​

1969: ​ Takeover of Laurence Fenton​

1973: International oil crisis

1992: Maastricht Treaty creating the European Union is signed.

1992: Stoy Hayward begins a period of expansion through the merger with Finnie & Co.

1994: The Channel Tunnel opens

1994: Stoy Hayward merges with BDO Hamlyn to form BDO Stoy Hayward. The new firm becomes the UK member firm of BDO International

2004: Facebook and Gmail launched

2004: BDO Stoy Hayward converts to Limited Liability Partnership (LLP) providing more transparency to clients and protection to the business.

2004: The firm acquires John Gordon Walton in Leeds.

2005: London wins the right to host the 2012 Olympics but also suffers the 7/7 bombings.

2005: BDO Stoy Hayward acquires the Numerica practices in Bristol, Manchester and Southampton.

2009: The UK economy officially enters a recession following the financial crash.

2009: BDO Stoy Hayward adopts the single trading name and branding of BDO, dropping the ‘Stoy Hayward’ from its name.

2013: BDO merged with PKF (UK) LLP to create one of the UK’s strongest firms focused on the mid-market.