The UK arm of international accountancy firm Mazars has seen turnover rise seven per cent.

Mazars, which has offices in Birmingham and Wolverhampton, has reported a figure of £109.1 million for the year ended August 31, 2011, against £102.5 million for the equivalent period in 2010.

And, releasing its transparency report, it predicted further growth in the years ahead despite what it termed “a very challenging economic environment”.

Midlands managing partner David Chapman said: “We always aim to attract and retain the best talent, so as to better serve our clients. During the last year we have continued to invest in talented people in order both to maintain the high standards that our clients are used to, and to continue to grow and develop our business.

“As a result, we have continued to win many new clients as we pursue our key strategies, and we expect to continue to deliver real growth in our business over the next few years.

“Both globally and also in the UK, Mazars is committed to serving our clients with a sense of purpose in order to make a real difference to their businesses, many of which are adjusting and adapting to the economic challenges that we all face.”

During 2010/2011, the average number of Mazars personnel in the UK amounted to 1,209 full time staff. As at August 31, there were 108 partners.

Mazars recently celebrated the first anniversary of amalgamating much of its West Midlands operation in premises at Church Street, Birmingham. Since then 37 new staff, including eight graduates have been taken on.