After completing the merger with RSM Robson Rhodes last July,
Thornton UK LLP has grown into a £389m turnover business with more than 300
partners and 4,100 staff operating from 33 locations in the UK, Cayman and the
British Virgin Islands.
The firm has just recorded 14% turnover growth for the year ending 30 June,
with a 16% increase in profit to £76m. The figures represent the 10th
consecutive year of annual income growth and were achieved on strong
performances across a number of service streams.
Grant Thornton’s corporate finance business benefited from an upturn in
merger and acquisition activity which helped deliver growth of 28%, while its
tax services rose by 17%; and its audit and assurance practice recorded a 12%
increase in fee income.
Michael Cleary, Grant Thornton chief executive officer, said the merger with
RSM Robson Rhodes had propelled the firm into a ‘different league’, making it ‘a
leading player in the mid-market and the provider of non-audit services to one
in four of the FTSE 100.
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'
Stephen Mills joins the Manchester office from IBM, where he spent 12 years as an associate partner in the data, analytics and cognitive consulting group
Rupert Guppy will be responsible for capital allowances in the southern region, and joins the firm from specialist consultancy E3 Consulting