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Having your own award-winning practice at 24

Award-winning, Cardiff-based accounting practice Mazuma was born of the old friendship of Lucy Cohen and Sophie Hughes. Both still only 24, and with a rapidly expanding business, they appear to have the world at their feet

Paul Grant, Accountancy Age Jobs, 30 Nov 2007
Lucy Cohen Sophie Hughes, Mazuma
Lucy Cohen and Sophie Hughes, Mazuma

History of Mazuma

September 1994: Lucy and Sophie met aged 11 while trying to avoid cross-country running. They became friends

October 2001: Sophie joined L'Oreal as a payroll clerk, moving up to trainee accountant in September 2003

October 2003: Lucy worked at Jury's Cardiff Hotel as purchase ledger clerk

August 2004: Lucy moved to Cardiff council as accounts assistant, working her way up to senior finance analyst by July 2005

September 2005: Sophie joined FIS as assistant accountant

October 2005: While keeping her day job, Lucy started up Mazuma from her bedroom

December 2005: Sophie joined Mazuma, also part time

July 2006: Lucy and Sophie completed their AAT qualifications and turned Mazuma into an incorporated company. They quit their day jobs

December 2006: Mazuma moved into its first offices

February 2007: Mazuma took on its first member of staff

May 2007: Fast-growing Mazuma moved into even larger offices

June 2007: Mazuma won the Wales Shell Livewire Entrepreneur of the Year award

September 2007: Mazuma is a finalist in Startups Awards, in 'Best service business' and 'Women in business' categories

October 2007: Mazuma wins the Wales Chamber 'Most promising new business' award


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