MEMBER NEWS
RSM UK reports a rise in annual revenue
Leading audit, tax and consulting firm RSM has announced a nine per cent increase in UK annual revenues to £319m for its financial year ending 31 March 2017. While consulting, human resource and legal services
revenues grew by 46.6% to almost £16m for the year, all other core service lines contributed to the growth in revenues. Partner and staff numbers rose by four per cent to
almost 3,500 while total partner and staff remuneration increased by 11% to £202m. Consolidated UK company profits grew by 16% to
£5m, while profits of RSM UK Group LLP rose by 15% to £49m. Meanwhile, dividends paid to staff, partners and
retired staff and partners rose by over four per cent to £3m.
Laurence Longe, RSM’s Chief Executive Officer, said: “This
year’s excellent financial results very clearly show the commercial benefit of the major investment that has been made in first reshaping and then rebranding the firm following the absorption of the former Tenon business in 2013. Significant underlying organic growth in multiple revenue streams in 2017 is now making its contribution to RSM achieving its long-term strategic objective of becoming the first-choice adviser to middle market leaders, globally.”
Local firm joins Sage winners circle
Midlands-based Solutions for Accounting and CRM, a leading Sage Accounting and CRM business partner, has been announced as a winner of the Sage CEO Circle award programme. The programme was designed to
reward and recognise outstanding performance of Sage’s top business partners that serve customers, recommend products and advocate for Sage. Solutions for
Accounting and CRM was named as winner of the Subscription Sales Excellence category. As well as being the
recipient of this illustrious accolade Iain Barker (pictured), Managing Director of Solutions, will join Sage’s executive team on the winners’ trip taking place this month, travelling to Mexico to take part in a trip which includes an FY18 business planning session and awards reception. Iain said: “We are very serious
Laurence Longe, RSM’s Chief Executive Officer
about cloud and are strategically implementing resources with a strong plan for growth moving forwards. We are over the moon that our hard work has been recognised by Sage.”
Wastewater treatment solutions for a better environment
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business network February 2018 7
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