Geldards eyes acquisitions following year of growth

Bondholder law firm Geldards has reported a year of growth after its successful integration of Robinsons earlier this year. The firm is now actively seeking further takeover opportunities in the region to boost its prospects further.

For the year ending 31st July 2015, the firm reports a turnover of £22.5m, rising from £20.9m in the previous year. Profit before members' remuneration and profit shares rose to £4.1m from £3.9m.

Average numbers for staff employed per month also rose from 264 to 291. Revenue was boosted by the integration of Robinsons and the deal is expected to provide further benefits in the current financial year.

Jeff Pearson, Chief Executive of Geldards said: “Given the integration costs we were pleased with our performance in a year that had its challenges for everyone. I am cautiously optimistic about this financial year and looking at further growth from our existing business.”