PracticeAccounting FirmsRobson Rhodes releases first results

Robson Rhodes releases first results

RSM Robson Rhodes has taken its first step towards becoming a limited liability partnership by releasing its first ever annual results showing operating profits up 26%.

Link: Robson Rhodes calls for audit restrictions

The results come on the back of trade secretary Patricia Hewitt announcing that all auditors of publicly quoted companies should also be publishing their own annual report and accounts.

Robson Rhodes recorded fee income up 14% to £57m from £50.2m last year. Operating profits stand at £11.2m, up from £8.9m, and profit per partner rose by 3% to £164,000. The firm’s number of staff also rose by 14%.

Chris Connor, senior partner at RSM Robson Rhodes, said: ‘The professional services industry has been operating in difficult market conditions in the past year, but I’m delighted to say that RSM Robson Rhodes continues to buck the economic trends.ÿ

‘High quality people are at the core of our business and our ability top attract them is vital to our continued success. I am pleased that over the past 12 months, while competitors were shedding people, our staff levels are up 14%.’

Related Articles

KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

2d Emma Smith, Managing Editor
Where is your next client coming from?

Accounting Firms Where is your next client coming from?

4d James Noble, Propero Partners
Specialist VAT service provider joins MHA

Accounting Firms Specialist VAT service provider joins MHA

4d Austin Clark, Reporter
Top 50+50: Big Four hold steady, shake-up outside Top 20

Accounting Firms Top 50+50: Big Four hold steady, shake-up outside Top 20

2w Emma Smith, Managing Editor
Top 50+50: Revenue rises spark rankings shake-up

Accounting Firms Top 50+50: Revenue rises spark rankings shake-up

3w Emma Smith, Managing Editor
Grant Thornton expands financial services regulatory team

Accounting Firms Grant Thornton expands financial services regulatory team

2w Austin Clark, Reporter
FRC closes investigation into PwC over Barclays compliance

Accounting Firms FRC closes investigation into PwC over Barclays compliance

2w Alia Shoaib, Reporter
Top 50+50: Firms fall short on diversity

Accounting Firms Top 50+50: Firms fall short on diversity

2w Alia Shoaib, Reporter