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FCBS posts 20 per cent hike in turnover

Copyright Feilden Clegg Bradley Studios for Bruntwood  2
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Feilden Clegg Bradley Studios increased its turnover to £17.2 million in the year to April, a 19.7 per cent surge on its figures for the previous year

The Bath-based practice’s accounts for 2015-16, just published by Companies House, show gross profit for the business at £7.8 million, up 14.5% on the year to April 2015.

The accounts for its group of companies detail an operating profit of £3.5 million, an increase of 11.1 per cent on the previous year’s figure.

The figures for the year ending 31 March also show the practice’s headcount of architects and support staff increased from 127 to 161 year on year.

The expansion resulted in a 28.1 per cent hike in year-on-year staff costs to £6.05 million.

Managing partner Geoff Rich said 2015-16 had been a ‘strong year’ for trading growth, adding that the practice had a good workload and was ‘cautiously optimistic’ about achieving further growth in the current financial year.

He said: ‘During the period we recorded a healthy growth in the business across many sectors and invested in the opening of a new office in Manchester.

‘We also introduced new subsidiary companies to cover our growing international workload and our plans for growth in collaborations for research and charitable ventures.’

Earlier this month FCBS unveiled proposals for an 18-storey hotel and multi-storey car park for developer Bruntwood, as part of its wider plans for the Manchester’s CircleSquare site. But the AJ100 big hitter, which has won more RIBA awards than any other practice, missed out on a Stirling Prize shortlisting this year for its much-acclaimed Plymouth School of Creative Arts.

 

Feilden Clegg Bradley Studios Plymouth School of Creative Arts Hufton Crow  1

Feilden Clegg Bradley Studios Plymouth School of Creative Arts Hufton Crow 1

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