Aukett Fitzroy Robinson (AFR) has announced an impressive financial year for 2006, with before-tax profits of £880,000. This compares to pre-tax losses of £191,000 in 2005.
The results for the practice, which became a public company just over two years ago, are all the more remarkable because it announced a 30 per cent drop in turnover in the same period, down from £8,389,000 to £5,813,000.
AFR, which has offices across Europe, including three in the UK, is a public company, and therefore answerable to external shareholders.
This places a great deal more emphasis on the end-of-year results for AFR than it would for other private practices.
The only other public company that is a pure architects practice is the SMC Group.
AFR recently won planning permission to radically rework Cardiff's Coal Exchange - one of the city's most prestigious projects.
The firm also revealed 'Britain's greenest warehouse', which has helped the firm improve year-on-year since its creation three years ago.
AFR was unavailable for comment.by Richard Vaughan