Financial adviser Grant Thornton has revealed a 13 per cent rise in revenue amid growing business confidence.
The firm, which employs about 300 people in Birmingham, has recorded its fourth successive year of strong performance, with turnover rising to £471 million for the financial year to June 30.
This growth was driven in large part by continued strengthening of the advisory practice, which grew by 21.2 per cent, and the firm said it put in place to achieve a target of £500 million annual sales by 2015 a year early.
The firm also saw its audit practice improve by 9.2 per cent whilst turnover from its tax offering remained broadly flat year on year.
That saw profit per partner rise by 4.2 per cent, while the firm’s total contribution to the Exchequer was £161.8 million.
Chief executive Scott Barnes said: “These strong results reflect the hard work and collaboration of all our people who are focused on delivering our strategy and achieving our Ambition 2015 plans.
Dave Munton, regional managing partner for Grant Thornton in Birmingham, added: “The past year has been a strong year for the firm and the Birmingham office has played a key part in this growth. We have invested in talent across the office to respond to increased demand and we look forward to the current year with optimism as activity levels continue to gather pace.”
