Contracts across key sectors generate healthy figures for architects practice
Watson Batty Architects has reported another strong financial performance with sustained growth across all sectors.
Despite ongoing economic challenges, the Leeds and Loughborough based practice has surpassed its performance target by nearly 10%, achieving turnover of £3,386,132 for the year 2023/2024.
The company has attributed its success to securing a balance of instructions across a number of specialisms.
It has enjoyed particularly strong growth in the learning sector, which surpassed £1m, and the living sector, which was just short of £1m.
The commercial/industrial sector also surpassed targets with sport and leisure not far behind. The Leeds headquarters team accounted for two thirds of turnover while the Loughborough studio takes credit for one third, ahead of target.
Peter White, managing director at Watson Batty, said: “We are extremely pleased to be able to report another excellent trading year.
“It is reassuring to achieve a good spread of work across key industry sectors as we continue to invest in a team with specialist credentials.
“This strategy remains fundamental to the longevity of our business success. The future looks very positive with well over £2m already secured at the start of our financial year 2024/2025. Indeed, our learning team has already surpassed targets on day one.
“We are acutely aware of the rapidly changing agenda, not least through sustainability and net zero carbon commitments, and this has been our primary, future focused approach for clients.”
Project awards for Watson Batty include new educational facilities with Tilbury Douglas and ISG, as well as further successes with Algeco via the Modern Methods of Construction framework.
The later living and care sector continues to expand through clients Exemplar and Torsion, while recent leisure sector successes include new build projects in Goole and Caerphilly which is part funded via the Government’s levelling up fund.
Watson Batty Architects was established more than 45 years ago and now employs a team of 35 people.
