From 25 March 2025 – After more than three decades at the forefront of Plus Accounting, Paul Feist is stepping down as Managing Director, passing the leadership baton to Luke Thomas, a long-standing member of the team and a driving force behind the firm’s growth, innovation, and sector expertise.
As part of this transition, Plus Accounting also acknowledges the official retirement of Peter Hedgethorne, who, alongside Paul, was a founding partner of Feist Hedgethorne Limited. Peter joined the firm a year after Paul and has been instrumental in shaping its tax advisory services. While he transitioned into a consultant role a few years ago, the firm has greatly valued his expertise and specialist tax knowledge. Though Peter is stepping away from day-to-day practice, we are certain he will remain a trusted source of wisdom, and we may still find ourselves calling on him when we have a burning tax question! His contributions to both our team and clients have been invaluable, and we wish him all the best in his well-earned retirement.
This transition marks an exciting new phase for Plus Accounting, as the firm continues its commitment to excellence in financial support, digital transformation, and client-focused solutions.
Looking Back: Paul Feist’s Legacy at Plus Accounting
Paul has been instrumental in shaping Plus Accounting into the firm it is today. Under his leadership, the business has grown from a small local practice to a respected accountancy firm serving businesses across Brighton and beyond. His approach has always been client-focused, ensuring that businesses receive proactive, strategic support tailored to their individual needs.
Reflecting on his time as MD, Paul Feist shared:
“Many years ago, it became clear to me that what clients valued most was for me to put myself in their shoes, draw on the experience of having worked with hundreds of different clients and advise them what I think they should do in any particular situation. So that is what I have always tried to do and that forms the basis of how we operate as a firm: if that was my money or my business, what would I do? Thoughtful, creative and caring advice is the key to becoming a trusted adviser.”
Looking Ahead: Luke Thomas as Managing Director
Having been with Plus Accounting for over 15 years, Luke has led the firm’s specialist focus on the video games, and creative sectors, helping innovative businesses navigate complex tax landscapes, secure funding, and scale sustainably. His expertise, combined with a deep understanding of Plus Accounting’s culture and values, makes him the ideal leader to guide the firm into the future.
Luke Thomas shared his vision for the future:
“It is an honour to take on the role of Managing Director at Plus Accounting, and I’m excited to lead the firm into its next phase of growth. Over the years, we have built a strong reputation for providing specialist financial support to ambitious businesses, and my focus will be on expanding our guidance for clients in key industries, including video games, film & TV, life sciences, and high-growth businesses.
The accounting landscape is evolving rapidly, with digital transformation, AI, and sustainability reshaping how we work. We are committed to staying at the forefront of these changes, ensuring that our clients receive the best possible advice and support tailored to their business goals.
I am grateful for the leadership and vision that Paul has instilled in Plus Accounting, and I look forward to building on his legacy by driving innovation, strengthening client relationships, and continuing to make a meaningful impact on the businesses we support.”
What This Means for Our Clients
The accounting profession is evolving, and so are the needs of our clients. Whether it’s through cutting-edge financial technology, enhanced advisory services, or a greater focus on sustainability and community impact, we want to ensure that we remain at the forefront of our industry. Our B Corp certification, investment in digital transformation, and deep sector expertise will continue to set us apart as a forward-thinking, client-focused firm.
This leadership transition signals continuity and progress. While Paul’s legacy remains embedded in Plus Accounting’s DNA, Luke’s appointment will bring new energy, innovation, and opportunities for our clients. Our mission remains the same:
- Expertise in niche industries – We continue to expand our services within video games, film & TV, life sciences, and high-growth businesses.
- Investment in technology – Our Plus Portal, Bright Manager integration, and AI-driven solutions will enhance efficiency and client collaboration.
- Commitment to sustainability and impact – As a B Corp-certified firm, we remain dedicated to making a difference for our team, clients, and community.
The Future of Plus Accounting
Under Luke’s leadership, Plus Accounting will continue to forge ahead with its plans for growth, innovation, and enhanced client service. Whether you’ve been with us for years or are just discovering what we offer, we look forward to continuing to support businesses across Brighton and beyond with expert accountancy, tax, and advisory services.
For more information or to discuss how we can support your business, get in touch with us.