Haines Watts has released its latest financial results with the firm recording a second consecutive year of double-digit growth taking it to a £96m turnover group.

The nationwide accountancy firm has seven offices in the West Midlands including Worcester, Evesham and Tewkesbury which make up £9.73m of the company turnover and has seen 10% growth on last year.

Following a strong 16% group revenue growth last year, the company predicted a slower growth rate in the second half of the financial year due to Brexit but has achieved a 13% leap in overall revenues from both organic growth and an active acquisition strategy.

Group managing partner Michael Davidson said: “With the addition of new businesses, we are steadily expanding our service offering which is leading to a rounder advisory service with existing clients and generating new fee income.

“Haines Watts is now able to advise more widely on complex tax matters and private client work and provide business owners with advisory support in today’s challenging climate.”

Mr Davidson added: “We have spent a lot of time working on developing our people in the last few years through the leadership development programme. From this we have rolled out our coaching for success programme across the business and are preparing for a company-wide vision and values project to tie in with this initiative.”

 

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