Young Enterprise Case Study: Lucy Cohen & Sophie Hughes

Who says accountants are boring?

Mazuma was founded in 2006 by childhood friends Lucy Cohen and Sophie Hughes after they spotted a gap in the market for low cost, hassle-free accountancy services.

Fast forward to today and the company is one of the largest providers of small business accountancy services in the UK.

Operating from Bridgend, South Wales, the business provides a national service with additional offices in North London, Lincoln and Woking.

In April 2011, Mazuma was successfully launched in the USA and plans are afoot to take the brand to Australia in the next couple of years.

Sophie Hughes says: I could not wait to take part in Young Enterprise during Sixth Form at Howell’s School in Cardiff.

From a young age I was interested in business and very keen to have a career in this field, and whilst at school I decided I wanted to train as an accountant.

Therefore I jumped at the chance to be the Finance Director of our enjoyed every moment – the highlight was our business placing third overall in the Regional Finals.

Plus we each made a nice profit to keep which was an added bonus!

My experience with Young Enterprise really helped me and I have since gone on to achieve what I had hoped for; my accountancy qualifications and, along with my business partner, my own accountancy practice.

Lucy Cohen says: I took part in Young Enterprise when I was at Sixth Form at Whitchurch High School in Cardiff.

To say it has impacted my life would be an understatement! It was my first real opportunity to understand the basics of what running a business meant.

It also taught me valuable life skills such as working in a team, time management and presentation skills; all of which proved to be very useful in the future as I am now the co-founder and Commercial Director of one of the UK’s fastest growing accountancy firms which employs over 20 staff.

1 Comment on Young Enterprise Case Study: Lucy Cohen & Sophie Hughes

  1. Well done, no holding you two back!

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