Revenue is on the rise at Gateley, the professional services group, despite taking an estimated £3m hit due to pre-Budget transactional inertia.
According to unaudited half year results for the six months ended 31 October 2025, group revenue reached £94.3m, growing from £86.3m in the same period of the year prior.
Group profit before tax, meanwhile, increased to £6.3m from £3.3m.
The results follow Gateley’s acquisition of Groom Wilkes & Wright (GWW) in September for an initial consideration of £5.73m, with GWW performing ahead of initial expectations.
Overall, Gateley noted that activity levels are ahead of last year, despite the material pre-Budget deceleration in transactional services activity.
Rod Waldie, CEO of Gateley, said: “I am very pleased with the Group’s trading performance in H1 26. Each of our Platforms grew revenue despite inertia in transactional activity, induced by pre-Budget uncertainty as we progressed through Q2, as compared with very strong transactional activity throughout Q2 FY 25.
“Overall, we are very pleased with the Group’s organic revenue growth (8.6%). This primarily resulted from, firstly, focusing on higher value work alongside the implementation of our previously announced enhanced pricing and conversion-to-fees policies and procedures and, secondly, solid returns from recent investments in some of our established, market-leading services.
“These strong organic improvements validate our ongoing patient investment in new systems and service lines and underpins our confidence in delivering margin expansion despite the shorter-term impact of pre-Budget inertia. Our balance sheet provides a strong foundation to further invest in both legal and consultancy services.
“As always, I would like to thank our clients for their support and our dedicated people for their ongoing hard work, commitment and can-do attitude.”
