Revenue tops £10.5m for go-ahead accountancy firm

David Travis

Accountancy and advisory firm CLB Coopers has reported significant growth during the past 12 months following its acquisition by national business services group Baldwins in November last year.

The firm, which has offices in Manchester, Bolton and Lancaster, has seen its turnover rise to £10.5m, and following the year-on-year growth reported for 2016, it has achieved an increase in turnover of 25% over the past two years.

CLB Coopers’ organic growth was achieved by a significant increase in new audit appointments and growing demand for its specialist corporate finance, corporate and personal tax and restructuring and insolvency services.

This is in addition to the revenue generated by the new specialist services, including banking and finance and forensics, that being part of the wider national group brings in.

This year also saw the firm’s corporate finance team achieve record levels of merger and acquisition transactional activity, with deals advised on during 2017 totalling in excess of £200m.

Graham Rigby, director at CLB Coopers, said: “This is an excellent result for the year and one which follows our integration into the Baldwins group. It is a real credit to our team and follows a period of significant investment.

“The last 12 months have brought a number of key senior appointments and promotions, particularly across our tax and corporate finance teams, with more announcements to come over the next few months. These changes have allowed us to strengthen our teams and to service the increasing demand for both compliance and specialist services.

“The next year will see us embark on our growth plans throughout the North West and we can certainly look forward to another exciting year of opportunity and growth, for our clients and for our people.”

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