PM+M records double-digit revenue growth

By Tim Aldred

04 Jun 2024

Helen Clayton PM+M

During a year in which it significantly increased its workforce, PM+M has increased its consolidated turnover by 15 per cent to £10.75m.

The figures relate to the financial year ending in March for the chartered accountancy, business advisory and financial planning group which has offices in Blackburn and Bury and an innovation hub within the Apex Centre at The Landmark in Burnley.

The firm saw consistent growth across its accounting, audit and advisory, cloud accounting, corporate finance, financial planning, payroll, tax and private client teams.

PM+M also increased its total headcount to 164 after making 37 new team appointments - of which 29 are in newly created roles - since 1st April last year.

This figure includes 10 apprentices who joined in September and was supported by a 25 per cent increase in the firm's dedicated training budget.

Over the past 12 months, the firm has appointed Helen Clayton as its new managing partner following the retirement of Jane Parry who was in post for over eight years.

Other notable achievements included leading on a raft of high-profile deals that were handled by the corporate finance team; winning retained contracts with several major North West companies; being named as a UK top 100 firm in the Accountancy Age 50+50 2023 listing for the sixth year running; the staging of a full events calendar for clients; and retaining Investors in People Gold Accreditation. There have also been two waves of promotions across the whole group at all levels.

Helen Clayton said: “PM+M’s success is simply down to the talents of our people - they are what stand us apart. We all share the same core aims of cultivating strong, collaborative relationships with our clients and other professionals, all the while working together towards mutual success and growth.

"We also know that innovation is key, so we are constantly evolving the way we deliver our services by staying adaptable, being relevant and making bold decisions when necessary. We are investing heavily in our infrastructure and technology this year and we are excited for what this will enable.”

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