Hilton Smythe annual results reveal strong performance for 2016-2017.
Hilton Smythe, the Bolton based team of business brokers that assists small and medium enterprise owners to buy and sell businesses across the UK, has delivered strong results for the financial year ending 31 May 2017.
Highlights of the year-end report include:
- Business sales increase of 97%
- An increase in the total turnover from £1.2m to £1.5m
- Profit levels have more than doubled
Founded by Gareth Smyth and Craig Graham in 2011, award-winning Hilton Smythe has seen significant growth in 2016/17. It assisted in the sale of thousands of businesses across the UK, and recently celebrated a record month, wherein they arranged and completed on the sale of 49 businesses during March.
Gareth Smyth, Group Managing Director at Hilton Smythe, said: “FY16/17 has been the most successful year in Hilton Smythe’s history. We have seen an increase in turnover of more than 25%, and have celebrated a record month of sales in March, which was a fantastic achievement for the team. This maintains our year on year growth pattern
“The increase in sales by 97% demonstrates the improvements we have made in the business this year in terms of the training and quality of staff. We are delivering a great service to our customers throughout the UK and want to be the best agent in the small to medium business sales arena. With our collective experience and knowledge of the business world, we are in a key position to offer advice and guidance to entrepreneurs ready to take their next step in their career.”
Group Operations Director, Craig Graham, said: “We are delighted with this year’s results, however we will not be resting on our laurels. We are determined to set a record month for sales, and expect to increase our turnover and profits again by the end of the next couple of financial years. We are aiming to be the company to turn to when selling a small business throughout the UK
“I would like to thank the stakeholders and staff at Hilton Smythe for their support and hard work this year, and I am excited to see the results next year.”