AJ120 practice Feilden Clegg Bradley Studios (FCBS) has posted the highest annual turnover figures in its 37-year history
The limited liability partnership, which has offices in Bath, London, Manchester and Belfast, saw its income rise 25 per cent to £14.4 million in the year ending 31 March 2015, up from £11.6 million in 2014.
FCBS also increased its operating profits by nearly a third, from £2.39 million in 2014 to £3.17 million in 2015. Over the same period the practice added an extra 15 members of staff and now boasts a workforce of 152 people.
A rise in UK workload has driven the boom, with turnover for schemes on these shores up nearly £2.7 million. Income for work abroad edged upwards from £458,000 to £556,000.
Since the accounts were compiled, FCBS, currently ranked 17th in the AJ120 table of the country’s largest practices, has landed a number of major jobs in the UK, including the £45 million Centre for Student Life project at Cardiff University (AJ 26.10.15) and the £15 million revamp of Brighton’s famous 19th century Dome Corn Exchange and Studio Theatre (AJ 23.07.15).
The salary for the highest-paid director, who is not named in the accounts, was £144,820. However, the average salary of the practice’s 25 LLP members dipped from £79,021 in 2014 to £76,813 in 2015.