Hawkins\Brown Architects notched up a threefold increase in profit in 2013-14, according to the practice’s just-filed accounts.
Operating profit for the last financial year was £4.88 million, up from £1.61 million the previous year, a 303 per cent increase.
The surge in profit came off the back of an increase in turnover from 2013’s £6.71 million to £11.36 million in what was Hawkins\Brown’s 25th anniversary year.
During the year, the practice won projects including the £100 million conversion of the 2012 Olympics international broadcast centre into a tech hub now known as ‘Here East’, a £50 million science facility for Newcastle University, and three new Crossrail stations.
The Crossrail work was in addition to the new Tottenham Court Road Road station, part of which opened to the public this month.
Hawkins\Brown’s accounts also reveal that it increased its headcount of technical staff by 20 in 2013-14, finishing the year with a total staff of 94.
Partner Roger Hawkins told the AJ that the figures were part of a wider long-term strategy of growth.
‘The previous year our turnover went from £5.5 million to £7 million, and this year we’re going to be £14 million with 168 staff,’ he said.
‘Over the past four or five years, since 2011, we’ve just had strong, planned strategic growth. In that time we’ve become an LLP with 20 partners.’
In addition to Here East and the Crossrail work, Hawkins said the practice was benefiting from a healthy supply of higher education work and new large-scale residential jobs.
As well as the Newcastle University job, the practice is working on the Bartlett School of Architecture’s Wates House, and a range of projects for University College London.
It is also involved in a range of large-scale estate-regeneration programmes in London, including Woodberry Down in Hackney, the Agar Estate in Camden, and Peabody’s St John’s Hill Estate programme in Wandsworth.