AN EARLEY-based property consultancy says that it has made an impressive double digit based growth in revenue over the past financial year.
Vail Williams has just released its accounts for 2018-19 and said that its revenue of £16.3m for 2018-19, is up from £13.9m the previous year.
And the figures are part of a three-year business plan which saw the company deliver an overall increase in revenues of 28%, three acquisitions, a merger, several senior appointments and a series of client wins and awards.
Vail Williams has eight offices across the UK, including Earley, where it is based at Thames Valley Park. Other offices include Birmingham, Crawley, Southampton, Portsmouth, Woking, Heathrow and London.
Matthew Samuel-Camps, managing partner at Vail Williams, said: “We are very pleased with this year’s results which are in line with expectations, reflecting the significant investment we’ve placed in developing the business, growing our presence in the regions in which we operate – both organically and through acquisition over the last three years.”
Highlights from the last 12 months include the firm’s multi-disciplinary advice to Frimley Health NHS Foundation Trust on the £98m redevelopment of Heatherwood Hospital and the £49m emergency assessment centre at Wexham Park Hospital, Berkshire, as well as a 416-home brownfield development, North Street Quarter, in Lewes, East Sussex.
Experts from the firm’s investment team also advised long-standing client the Canal & River Trust on the sale of its wholly-owned marina subsidiary, British Waterways Marinas Limited, to private equity investor LDC.
Vail Williams was confident that its growth trajectory would continue into 2019-20 with appointments to advise more 170 new clients including Shell Energy, Associated British Ports and AVIVA Investors.
The firm now employs over 170 people across its eight offices.
Mr Samuel-Camps added: “The growth we have achieved marks the culmination of an ambitious three-year plan which started in 2016.
“I am delighted that we have achieved much of what we set out to do and look forward to continuing to realise our potential in the regions we call home, through our new people-centred plan over the next three years.
“As we embark on our new business plan, we are well placed to continue our sustainable growth trail and remain attentive to take full advantage of market changes, whilst continuing to invest in our people and the improved capabilities this will bring.”
Vail Williams, which has John Lewis, National Express and RBS amongst its clients, was established more than three decades ago and works with occupiers, landlords, developers and property investors.