Mazars has published its UK consolidated financial statements for the year ended 31 August 2016, which show a 7% increase in overall fee income, up from £149m to £160m, marking the firm’s fifth successive year of growth
Mazars, ranked at tenth in Accountancy’s Top 75 UK firms league table for 2016, said growth in all the firm’s service lines was strong, led by tax and financial planning, which was up 11.3 %.
The firm’s financial advisory, accounting and outsourcing business posted a 6.6 % increase, while assurance and internal audit saw growth of 5.3 %, with consulting and actuarial yielding 5.2 % growth.
Phil Verity, UK senior partner said: ‘I am proud that we have achieved such consistent growth in our business with increases in turnover and profit. Our growth has been sustainable and provides an excellent foundation for the next four years.
‘Looking ahead we will continue to invest in our business to achieve further long-term sustainable growth. Our people are critical to this and we remain committed to nurturing and developing talent to deliver trust and create value to our clients.’
In the UK, Mazars has approximately 140 partners and over 1,700 employees and 19 offices.
The Mazars Group revenue grew by more than 10% year on year, to €1.36bn (£1.16bn), as at 31 August 2016.
