Blossoming AJ100 practice Simpson Haugh Architects has seen its turnover and workforce increase by a third
The company, which recently changed its name from Ian Simpson Architects (ISA) in recognition of founding partner Rachel Haugh’s long-term contribution to the practice, increased the number of its staff from 70 to 100 during the year ending 31 March 2014.
In the same period the outfit’s income ballooned from £4.77million to £6.29million. Meanwhile its profit after tax edged up from £303,552 in 2013 to £317,336.
Over the last year the practice has landed a number of major jobs, including the Granada Studios overhaul in Manchester, and won permission for a clutch of major schemes such as the 11-storey Tariff Street housing development scheme overlooking the Rochdale Canal.
In early 2011 Haugh together with well-known practice figurehead Ian Simpson pumped £500,000 of their own money into the limited company to ease cash flow problems as it struggled to find work.
At the time Simpson said he had ‘unflinching confidence in the future of the practice’ and the Manchester-based company, which also has an office in London, has since seen its workload boom.
The practice was unavailable for comment at the time of going to press.
Taken together with the accounts of Simpson Haugh and Partners Group, the entire company posted turnover of £9,481,663 and profit after tax of £2,463,077.