Accountancy network PKF UK and Ireland posts 53% increase in fees

ACCOUNTANCY network PKF UK and Ireland (PKF UKI), which is made up of seven member firms in the UK and Ireland, today announced a total fee income of £128.9m for the year ending 31 May 2016, a 52.8% increase respectively on the previous year.

The seven independent member firms, PKF Littlejohn, PKF Cooper Parry, KLSA, Johnston Carmichael, PKF-FPM and PKF Francis Clark in the UK and PKF O’Connor, Leddy & Holmes have surpassed the pledge they made in 2014 of reaching £100m fee income, the network said.

Carmine Papa, chairman of PKF UKI said: “It’s been a great year for the PKF UKI network with accelerated growth and profitability a testament to the high quality work that we offer our clients.

“The growth over the last 12 months shows the strength and ambition of the PKF UKI network. We are becoming a real alternative to the Big Four.”

All seven of PKF UKI main businesses showed significant growth with tax, corporate finance and consultancy showing the strongest areas of growth.

South West accountancy firm PKF Francis Clark is the latest addition to the PKF UKI network and came on board on 1st April this year.

Related reading