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12 Jul 2011
BUSINESS RECOVERY specialists Leonard Curtis posted strong growth in the last year.
Turnover climbed 15% to £14m for the year ending 30 April 2011, up from £12.2m. Operating profit rose to £4.6m from £4.1m.
Further reading
The firm said that services to struggling businesses outside formal insolvency saw particularly strong growth, in particular its debt advisory division, corporate strategies and finance raising divisions.
"This year we have invested significantly in group infrastructure, made several key appointments nationally and also opened a Bristol office," said FD Jon Mercer (pictured).
He continued: "The excellent results for the 12 months to April 2011 have been without a full-year effect of this investment, so we anticipate there to be positive impact on this coming year's performance."
After gaining a £5m funding package from the Co-operative Bank in February, the firm said it would look to acquisition opportunities to expand geographically and by service line, as well as through "key staff" recruitment.
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Visitor comments Add your comment
dte leonard curtis
fantastic news for leonard curtis
but whatever happened to the name "dte leonard curtis"?
outside of manchester, dte's pathetic presence is a small tiddler in golders green nw london
leonard curtis have done well to distance themselves from the dte pretenders.
Posted by: deli, 12 Jul 2011 | 11:16