2022/23 Financials


For the 2022/23 financial year, group turnover was up by 19.7% to £274m (2021/22: £229m) and our profit was up by a similar percentage with margins remaining largely the same as in previous years.

Most of our regions and service lines outperformed the previous financial year with a strong set of results across the board. Our Cost Management division had another year of growth while our Project Management business performed particularly well and grew its contribution to our overall turnover. We also saw growth in the US and in our Infrastructure division where we see further opportunities for expansion and diversification in the year ahead.

This momentum is continuing in the first half of our 2023/24 financial year where we are cautiously optimistic in both our UK and US markets. We remain confident in the resilience of the firm and continue to focus on how we can best service our clients through the delivery of our World Class services.

* Partners of Gardiner & Theobald have capital invested in the firm and their remuneration is dependent on the firm's profits.