Published: 00:01, 06 December 2017 |
Updated: 10:38, 06 December 2017
Accountants and business advisors Kreston Reeves experienced a 20% jump in profits in its first full-year after a merger.
The financial services firm, which has offices in Canterbury, Chatham and Sandwich, enjoyed a 47% boost to turnover to £33.8 million following its acquisition of accountants Spofforths.
It helped the company become the 24th largest accountancy in the UK, with 52 partners and 550 employees across 10 sites in London, Kent and Sussex.
Profits reached £8.7 million in the year to the end of May.
The business has been on the acquisition trail in the last two years, also completing a merger with London practice Munslows in June which added about 80 staff.
Managing partner Nigel Fright said: “In merging with Spofforths in Sussex in 2016 we have added greater geographical reach and more importantly, new areas of expertise.
“We have continued to invest further following our merger with Munslows in London in June this year, building strong foundations for our future.
“We are greatly encouraged by the growth in revenues, particularly from international businesses seeking to invest and do business in the UK.”
In November, Kreston Reeves refreshed its visual and brand identity, including a new slogan: “Understand, Look Ahead, Make it Personal, Be Crystal Clear, and Be Human”.
Mr Fright added: “Our brand refresh will also use the “knowing you” strap line in our communications with clients as we continue to provide clear advice, guidance and communications to our clients at a time of domestic and global uncertainty.”
Every morning at 10am we play you an hour of tunes from the 90s. We call it, #WeLoveThe90s.
Play 'Say It' with Garry and Laura on kmfm Breakfast and you could win £1,000!
Wake up to kmfm Breakfast with Garry and Laura - it's Kent's alarm call.
Your No1 guide to getting married in Kent. From dresses to discos and venues to veils, we've got everything you could possibly need for your big day
Education, Training & Childcare is a special supplement published by KM Media Group four times a year. Click here for latest e-edition.
A guide for your future. For year 11 students in Kent and Medway. Click here for the e-edition.
Get the latest food and drink news, recipes from some of the nation's top chefs plus updates from Kent's vineyards and breweries.
Search in your local area to find your perfect partner in Kent, with FreshStart Dating!
PLUS, register for free!.
Read our pick of the best holiday destinations. Whether its a weekend break, or something a little bit longer, we have reviewed a wide range of holidays.