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.
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.
The deadline for entries into the profession’s awards expires tomorrow, 29 July.
UHY Hacker Young, the national accountancy group, has named Chris Smith as a new partner in its London office
Sachin Ramaiya joined Jeffreys Henry as audit supervisor in 2007 having previously worked at PwC
Student numbers among the main professional bodies have declined over the past four years. Simon Wright at CareersinAudit.com looks at why this might be happening and the call to action for the profession