PKF Cooper Parry celebrates one of its strongest years

MIDLANDS-based accountancy firm PKF Cooper Parry has reported one of its strongest financial years to date.

In the year to 30 April 2015, the accountancy firm, which recently completed its merger with Birmingham-based Clement Keys, generated revenues of £17.2m, up from £15.9m the previous year.

Operating profit increased to £5.9m 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.

The group now has a £30m turnover and boasts a 350 strong team, which spans the West and East Midlands.

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 and appointed 71 new staff during the year.”

PKF Cooper Parry’s chief executive Ade Cheatham added that the firm is aiming to double turnover in the next two years, with the creation of up to 100 new jobs.