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.
Rowan Williams will be responsible for growing the firm’s presence in the Gatwick Diamond and across the south east
Kevin Humphreys joins the insolvency and restructuring firm from the National Crime Agency (NCA) Economic Crime Command
Ann Pomfret joins the Manchester office from BDO
Three new partners and seven business restructuring advisers have been appointed to the new Preston office