Two medium-sized QS companies in the Southeast have outlined plans to grow by around 20% a year

John Rowan & Partners, a 70-strong QS and project manager, is aiming for growth of 20-25% in terms of profit, turnover and staff. The firm is on track to hit £3.5m in turnover, with a profit margin of 15% before awarding staff bonuses, which will be around 10% of salaries.

Headquartered in Ealing, London, John Rowan works throughout the UK and 10% of its business is in Continental Europe. Current commissions include a luxury golf resort in Murcia, Spain, for client De Vere.

Founding partner John Rowan is due to retire next month due to ill health. Partner Dennis Holley is also due to retire but will stay involved with the firm as a consultant.

Meanwhile Jackson Rowe Associates, which has around 50 staff, is aiming for a 20% target increase in both turnover and profit. The Crowborough-based company is in line to hit a turnover of £2.5m and profit of £50,000 for this year. This marks growth of around 10%, as last year the firm turned over £2.25m.

Source

QS News