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Income up at accountancy firm

Turnover rises 17% at Campbell Dallas

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 a 40% increase on 2012 (£9.7m). 

Managing partner Chris Horne (pictured) said growth was in line with expectations as the business continued to work to a five-year plan.

“We have four guiding principles for managing the business – happy staff, quality advice and service, happy clients and financial strength.,” he said.

“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 its agricultural and rural expertise builds on Campbell Dallas’s position in that sector.

The last year saw strong performances by other business units, with the firm involved in a growing number of high profile deals and new business wins. 

Th firm invested nearly £2m in its IT systems, offices and development of staff, including a £500,000 commitment to the recruitment and training of apprentices.

It 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.

Mr Horne added: “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.”

 

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