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Stride Treglown sees rise in before-tax profits

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Stride Treglown, the largest practice in the South West, has seen its before-tax profits soar 247 per cent by the year ending December 2006.

The Bristol-based firm recorded a massive £402,249 rise in its profits, from £162,616 in 2005 to £564,865 at the end of 2006.

This jump in profits coincides with an eight per cent increase in turnover from £9,910,371 to £10,729,123 in the same period.

According to the practice, the impressive results are an accumulation of successful acquisitions and significant project wins.

Stride Treglown chairman Kevin Steer said: 'It has been a very good year. We have increased our number of staff from 200 to 270, and moreover we have some significant new projects coming into the office.

'We also acquired a small Manchester-based practice called Chapman Robinson, which specialises in urban regeneration, which we think is a very important area at the moment.

'We have seen a variety of our sectors grow, such as retail, commercial, and residential - especially regenerating dockside areas. And we have won major schools projects in West Sussex, Bognor Regis and Wiltshire through the Building Schools for the Future programme,' added Steer.

by Richard Vaughan

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