Revenues up 29% for newly-merged accountants
MIDLANDS-based accountancy firm PKF Cooper Parry says it’s the fastest-growing business of its kind in the UK.
In the financial year to June 30, 2016, PKF Cooper Parry generated revenues of over £22m – a 29% increase in growth on the previous year’s turnover of £17.2m.
The team has set a £30m target for this financial year and says that year-to-date figures show it 47% ahead of the same period in 2015.
PKF Cooper Parry says it is currently the number one accountancy firm in the East Midlands amongst privately owned £5m to £50m businesses, adding that it has more than twice the market share of any of its competitors.
After merging with Birmingham-based Clement Keys earlier this year the firm now has over 400 employees.
CEO Ade Cheatham said: “What is really remarkable is the size and speed of our growth. Our headline figures are very impressive and represent growth across the board, but we have broadened our proposition in several key areas and introduced a number of new service lines, which have contributed to our success.
“The IT solutions team has doubled in size over the past 12 months and our wealth team has grown by more than 30% every year for the past three years.
“Our tax proposition was already strong, but has been strengthened with several key appointments, which has seen it grow by a massive 22% over the past 12 months.
“We play to our strengths and are working hard to create the right infrastructure. We have the right team around us, which will enable us achieve our long term aim of creating a £45m turnover firm within the next three years, reaching £150m within the next 10 years.”
