The mid-tier firm saw turnover increase by 14% to £75.2m for the year to 30 April 2004, the third consecutive year of double-digit growth.
The biggest growth area was the firm’s consulting business, which saw revenues rise from £7.1m in 2003 to £12m this year.
Chris Connor, senior partner at RSM Robson Rhodes, said the firm planned to become a ‘£200m business by 2007’.
Connor added: ‘Our market focus continues to be rewarded by our efforts, with each service area showing growth. Our success is a combination of responding to the needs of clients as well as ensuring we take advantage of opportunities available through conflict issues.
‘We have increased our market share and driven our business forward by making selective acquisitions and recruiting talented individuals.’
The firm bought RSM Moffat, a specialist IT company, creating a team of 200 in the sector. Its audit practice grew £2.5m to £26.2m for the year ended 30 April, while tax revenues rose to £12.4m.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements