SSQ nets profits before tax of over 4.5m
Audited financial results for the year ended 31st December 2014 showed gross profit of over £16m and profit before tax of over £4.5m, increases of 19% and 12% respectively over 2013. SSQ has increased profits before tax year on year since its launch in 2003 and these latest figures represent another all time high.
During 2014 SSQ opened a Singapore office while significantly building out SSQ Interim Solutions, its temp and interims recruitment business in the UK, and strengthening its existing offices in London and internationally. SSQ now has 120 staff, including 12 fee earners in its recently formed SSQ Interim Solutions business recruiting lawyers and non-qualified legal professionals at all levels of seniority, into interim, contract and temporary positions.
In the first half of 2015 SSQ has continued to grow and will generate significant increases in both gross and net profit in 2015.
Nick Shilton, SSQ’s chief executive, commented, “2014 represented another major step forwards for SSQ. We are very pleased with the progress of our interims business in London which is now making strong inroads into the document review market. Our permanent businesses in the UK and internationally continue to go from strength to strength. With a unique geographic footprint and combination of services, we can now offer clients a one stop shop service across Europe, the Middle East and Asia. 2015 is already set to represent another quantum leap forwards for SSQ.”