Independent accountancy firm Campbell Dallas has reported a marked increase in turnover of £14m for the year end to May 2017, a 17% uplift on 2016 (£11.9m), and over 40% increase on 2012 (£9.7m).
Managing Partner Chris Horne said that the growth was in line with expectations as the business continued to work to a five-year growth plan, commenting:
“We have continued to invest strongly to maintain a high-quality working environment for our colleagues who continue to deliver outstanding service to our clients. We have four guiding principles for managing the business – happy staff, quality advice and service, happy clients and financial strength. These core principles underpin, and are driving our strong financial and business performance. It is very encouraging that over 80% of our growth has been organic. The acquisitions should make a very positive impact next year.”
During the last year, Campbell Dallas acquired Kilmarnock-based White & Co and most recently in July, Perth-based Bell & Company joined the business. Bell & Company was a long established and well respected local firm and their agricultural and rural expertise enhances Campbell Dallas’ strength in that sector.
The last year saw strong performances by the Corporate Finance, Restructuring, Tax and Family Business units, with the firm involved in a growing number of high profile deals and new business wins.
The last year also saw Campbell Dallas invest nearly £2m in its IT systems, offices and development of staff, including a £500k commitment to the recruitment and training of apprentices, a programme that has attracted considerable praise from the business and political communities. The firm also maintained its commitment to sustainability and community by acquiring electric pool cars for staff use, installing solar panels and by raising £50,000 through the Campbell Dallas Foundation, which encourages staff to raise funds and volunteer for their preferred local causes.
Chris Horne added: “We were very pleased to be voted ‘Firm of the Year’ at the Scottish Accountancy & Finance Awards for the third successive year. We have made significant progress developing the business and creating an exciting and rewarding environment for our staff. The next five years hold great promise for Campbell Dallas as we look to expand our client base and reach across Scotland.”