Turnover rises 32% to 拢55m, while pre-tax profit jumps 80% to 拢15m

Puchong Prima Benoy

Rocketing profits at Benoy saw its sole director double his wage and allow the firm to splash out on staff salaries and bonuses to send average pay packets to more than 拢51,000.

Chairman Graham Cartledge has been at the business 40 years and is listed as the firm鈥檚 only director.

As well as approving a dividend of 拢200,000, Cartledge also saw his pay in 2013 climb to 拢1.3m from 拢647,000.

The firm鈥檚 511 staff were also handed a 拢4m profit share after the firm saw turnover rise 32% to 拢54.8m and pre-tax profits boom 80% to 拢14.8m.

鈥淭his allowed ownership to make significant investments in staff salaries, bonuses and infrastructure investments including three new studios in London, Middle East and Singapore,鈥� Cartledge said.

鈥淲e continue to evolve our management team to act globally, united under a single brand to deliver a consistent high level of design and client service around the world.鈥�

The firm is investing an additional 拢3m in refurbishment and IT costs across its existing nine studios which also include Hong Kong, Beijing and Kuala Lumpur in Malaysia where it is working on a mixed-use scheme called Puchong Prima (pictured).

The bulk of its business is carried out outside of Europe with 拢48m of turnover now in the rest of the world with the remainder split between the UK and EU.

Topics