Profits up at Sellick Partnership
With all business areas performing, audited results show turnover grew by 22% to £25.7 million, and net fee income grew by 11% in line with budget to £4.12 million. These figures are reflected in the pre-tax profits which rose significantly to £368k, from -£19k in 2013.
Over the last year, Sellick Partnership have expanded their presence in the legal private practice market on both a permanent and locum basis, as well as strengthening their profile within the finance practice market.
Jo Sellick, managing director commented, “I am delighted with the results for 2014, and with the figures for quarter one looking strong we are definitely in line to achieve our 18% net fee income growth target for 2014/15.
“With increased confidence in the market, we have seen a 35% increase in job flow across the regions, which is positive sign of things to come.
“Over the last two years we have invested significantly in our infrastructure, our training programme and our employees which has enabled us to build a solid platform to continue our growth plans in the medium term.”
With six offices across the country and employing 65 people, the recruitment specialist has significant growth plans in place for the next 18 months. Sellick Partnership are in line to launch a new graduate academy to complement their recruitment plans for the year ahead – and their commitment to organic growth.