TP Bennett reports turnover and profit boost

TP Bennett's The Cam Foundry, Cambridge

But architecture and design firm warns of ‘more challenging’ conditions in current financial year

Architect TP Bennett has reported a 7.4% growth in turnover in the 2018-19 financial year, with profit also up. But it issued a gloomier forecast for the current period.

The practice, which has bases in London and Manchester, said its revenue had grown to £31.9m in the year to the end of March, up from £29.7m the previous year – which the business said was a “record” at the time.

The business said profit before tax was up 1.7% year-on-year to £8.4m.

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