AHMM profit and turnover rocket

Google headquarters architect AHMM said the recovering UK economy helped it hike the amount of work it did last time by nearly half.

Revenue at the firm went up 49% to just under £27 million in the year to March 2014 while pre-tax profits more than doubled to £4.5 million.

In a statement the firm said the increase in turnover “reflected a pick-up in development and construction activity, particularly in south-east England”.

The firm said it employed 275 people during the period – an increase of a third on last time – which saw overall staff wages rocket from £8.6 million to £12.2 million, meaning the average salary stands at £44,500.

The collective pay of the four directors – Simon Allford (pictured), Jonathan Hall, Paul Monaghan and Peter Morris – topped the £1 million mark, up from the £453,000 they shared in 2013. The salary of the highest paid director, who is not named, stood at £268,000.

AHMM, which is the architect behind the new office for Building publisher UBM at 240 Blackfriars Road, said it had completed moving into larger offices at its existing Old Street base during the period.