Vantis, the AIM accounting firm, said today that it had enjoyed an excellent
year as it reported an 83% increase in revenues and a 13% increase in profit for
the year ended 30 April, 2006.
The group released its results this morning after a two-day delay, and said
that it had continued to grow through acquisition and careful integration of its
Chairman Paul Gourmand said its main growth areas had been in tax and
‘From the sound foundation of our core practice we are well positioned for
further strong growth, particularly in business recovery and taxation where we
are gaining an excellent reputation for our market-leading expertise,’ said
Over the financial year, turnover increased by 83% to £71.2m. Profit on
continuing activities before goodwill, exceptionals, interest and tax was 97%
higher at £12.8m. Profit on ordinary activities before taxation was up 13% to
Vantis’ share price was down 2p to 250p following the news.
Track Vantis’ share price here
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.