Is it possible to give 28 days notice of the intention of not re-appointing the incumbent auditors at the Annual General Meeting, normally held after the completion of the current year audit and adoption of the latest Statutory Accounts?
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Auditors are appointed by shareholders, and must be re-appointed annually. You might find it helpful to look at Part 16 of the Companies Act, in particular s487 for reappointment of auditors and s510 onwards for removal of auditors.
Companies Act here: https://www.legislation.gov.uk/ukpga/2006/46/contents
You can also simply ask them to resign or not seek reappointment.
Be aware auditors have the right to reply and that reply must be circulated to all members
The reason is to avoid the directors getting rid of good auditors because the auditors found the company being operated incorrectly or preparing misleading accounts.
If I were you I would arrange to get estimates from other auditors before you suggest the incumbent company resigns or is asked not seek reappointment. There are definite benefits on parting company under good terms and it is both common and good practice to change auditors every once in a while.