Brompton Bicycle sues former adviser for ‘professional negligence’
Folding bike firm Brompton Bicycle is set to sue its former accounting and tax advisor AAB Group for professional negligence, City AM can reveal. London-based Brompton has launched legal action in the High Court against the Scottish-headquartered business advisory firm, according to court records. The defendants are listed as AAB Business & Tax Advisory LLP, [...]
Brompton Bicycle, a folding bike manufacturer based in London, has filed a lawsuit against its former accounting and tax advisor, AAB Group, for alleged professional negligence, according to City AM. The legal action is set to be taken in the High Court, specifically the Commercial Court, which handles complex and high-value cases.
The plaintiff, Brompton Bicycle, was represented by law firm HFW, while the defendants are AAB Business & Tax Advisory LLP, AAB Customs, and Woodward Trade Consulting. AAB Business & Tax Advisory is the entity responsible for AAB's general business consulting, accounting, and tax advisory services, while AAB Customs handles customs duty and international trade services.
Paul Woodward, a senior customs consultant at AAB from August 2022 to February 2024, managed Woodward Trade Consulting, which was dissolved in June 2025. The specific details of the professional negligence claim remain undisclosed, but the case has been filed due to Brompton Bicycle ceasing its services with AAB in January 2024.
The Commercial Court typically expects claims to be worth over £3m, a threshold higher than the General High Court limit of £100,000.
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