PKF Cooper Parry posts “strong” results
East Midlands accountancy firm PKF Cooper Parry has reported one of its strongest financial years.
In the year to 30th April 2015, East Midlands based PKF Cooper Parry – which has recently merged with Birmingham-based Clement Keys – generated revenues of £17.2m, up from £15.9m a year earlier.
PKF Cooper Parry completed its merger with Clement Keys in January to create a £30m turnover group spanning the East and West Midlands. The merger has created a 350-strong team.
Operating profit increased to £5.2m from £4.9m and pre-tax profit climbed to £5.9m from £3.4m. Profit for the financial year before members’ remuneration and profit shares was £5m, up from £3m in 2014.
PKF Cooper Parry chairman Jeremy Bowler said: “Financially, this was one of our strongest years. We have continued to grow our market share of the Midlands privately owned business market. We have had a strong recruitment programme to meet our growth. During the year we appointed 71 new staff.”
The firm completed its merger with Birmingham accountancy firm Clement Keys earlier this month, which has created a 350-strong team with a turnover of £30m.
PKF Cooper Parry’s chief executive Ade Cheatham says the firm is aiming to boost revenue by £10m in the next two years and will be recruiting up to 100 additional staff.
