Firm鈥檚 ltd arm sees revenue rise after last year鈥檚 fall

Revenues returned to Sheppard Robson Ltd as the firm said there was now more optimism about upcoming workloads in the UK.

The firm said its turnover in the year to March 2014 was up to 拢9.3m, up from 拢9m the previous year. Among the schemes it completed during the period was the Siemens Middle East headquarters (pictured) in Abu Dhabi.

Operating profit slipped from 拢655,000 to 拢290,000 but in a statement accompanying the results, the firm said: 鈥淭he positive performance is in line with increased confidence in the construction and property markets.

鈥淭he directors expect the general level of activity to increase and they look forward to the future with confidence, owing to there being a strong pipeline of new business.鈥 The number of staff employed by the firm stands at more than 280, up from the 222 last time.

In a statement, the firm said: 鈥淭hese figures are the results of Sheppard Robson Limited (SRL) and are not the group accounts which consist of the Sheppard Robson Partnership and the practice鈥檚 subsidiary limited companies, one of which is SRL; the Sheppard Robson Ltd accounts are not at all representative of the practice鈥檚 total turnover and profit.鈥