Accountancy firm Campbell Dallas is to open a new, larger office in Perth, with the expansion representing an investment of over £1m in the city.
The new office will comfortably accommodate the current complement of 40 staff and partners and there are plans to increase staffing to around 50 over the next two years.
The new office opening is marked by the release of the firm’s latest set of accounts in which Campbell Dallas reported a robust year with turnover rising to just under £12m, and staff numbers up to over 200. The firm cited a programme of continued investment as key to a successful year.
In the latest set of accounts to 31 May 2016, Campbell Dallas noted that performance was in line with expectations as the business continued to focus on creating a high-quality working environment for staff and on delivering outstanding service to clients.
Commenting, Campbell Dallas Chairman Ian Williams said: “2016 was a solid year for us and we are continuing to win increasing amounts of work across the business this year, with Healthcare, Rural and Family Business sectors performing particularly well. Major transactions during the year included; advice to Innis & Gunn on their acquisition of Inveralmond Distillery; fund-raising for fast-growing technology business, Traveltek, acquisition support to Morris & Spottiswood in the purchase of Lled Construction and several high profile administrations. There has been a marked increase in demand for our tax expertise, particularly in specialist areas such as VAT, international tax and business tax. We also acquired an established accountancy firm in Kilmarnock at the tail end of the year, providing us with a base from which to further develop our business in the Ayrshire market.
Ian Williams added: “Investing for the future has steered our strategy in the last two years, and we will continue with a high investment ratio. Examples include a commitment to a new IT infrastructure that will ensure Campbell Dallas is at the forefront of technology in the accountancy market. We also committed a further £250k to the recruitment of trainees as supporting the next generation of talent, which is one of the hallmarks of the Campbell Dallas approach to people development, which I’m delighted was recognised by our Investors in Young People Gold accreditation.
“The success of our overall strategy is probably best measured by growth in the business – more than 400 new clients have chosen Campbell Dallas during this last year. We were delighted to win three top awards at the 2016 Scottish Accountancy Awards – Firm of the Year (second year running) with the Corporate Finance Team and Restructuring Team both taking home awards on the night.”