BUSINESS RECOVERY specialists Leonard Curtis posted strong growth in the last year.
Turnover climbed 15% to £14m for the year ending 30 April 2011, up from £12.2m. Operating profit rose to £4.6m from £4.1m.
The firm said that services to struggling businesses outside formal insolvency saw particularly strong growth, in particular its debt advisory division, corporate strategies and finance raising divisions.
“This year we have invested significantly in group infrastructure, made several key appointments nationally and also opened a Bristol office,” said FD Jon Mercer (pictured).
He continued: “The excellent results for the 12 months to April 2011 have been without a full-year effect of this investment, so we anticipate there to be positive impact on this coming year’s performance.”
After gaining a £5m funding package from the Co-operative Bank in February, the firm said it would look to acquisition opportunities to expand geographically and by service line, as well as through “key staff” recruitment.
Richard Cameron-Williams, who joined RGL on the graduate programme in September 2005, has been appointed partner with effect from April 1
Andrew Howson joins the firm from EY, bringing experience in advising private equity and corporate clients across multiple sectors in the UK and Europe
Dennis Layton takes up the position on April 1 and will contribute to the firm’s goal of becoming the leading global professional services organisation by 2020
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