Financial headhunter toasts 25% growth

FINANCIAL headhunter Watson Moore, which has offices in Manchester and Leeds, has reported a fifth year of growth.

The 14-strong firm said fee income rose 25% to £2.5m in 2011 as it continued to build on the 60% rise seen during 2010.

Watson Moore mostly recruits of chief financial officers, finance directors and qualified finance positions. Its clients include some of the region’s major businesses including Lancashire infrastructure company Enterprise and multi-national bluechips such has Shell.

The company says it typically fills around 50 iterim and permanent placements a month.

Managing director, David Moore said: “Whilst the recession has undoubtedly proved an immensely difficult time throughout the business community, it has also highlighted the vital importance of appointing a strong finance department, led by a robust and commercially astute finance director, in order to survive the commercial pressures.

“Whilst the economic outlook remains challenging, we are confident of  significant growth in 2012 and will be looking to further extend the team, in line with our continued expansion plans for the business.”