Revenue rise for specialist financial recruitment consultancy

Revenue rise for specialist financial recruitment consultancy
Neil Muffitt, Chairman of Woodrow Mercer Finance, with managing partner James Roach

A financial search and selection consultancy in Leeds has seen significant growth in its revenue over the last financial year as the firm plans further expansion.

Woodrow Mercer Finance saw revenues rise to £2.6 million in the year ending 31st March 2019, an increase of over 44% year-on-year.

The firm was formed in 2016 when long-established Leeds financial consultancy FDYL formed a joint venture with Birmingham-based recruiter Woodrow Mercer. The plan was to expand its financial recruitment offering nationally under the Woodrow Mercer Finance brand.

“Three years on, we have expanded to three offices carrying the Woodrow Mercer Finance brand with a qualified finance director running each business,” said Managing partner James Roach.

“This unique model has also allowed us to attract high calibre recruiters who have also built their reputations on long term relationships and advice.

“We’re now able to offer our clients an experienced financial recruiter at every level; from ledger clerks to CFOs, both permanent and interim. In fact, our transactional division is flying, having placed over 30 people in January alone.”

As well as offices in Leeds and Birmingham, the business has this year established a base in Hull with plans to expand into the North West imminently.

Mr Roach added: “Looking to the future, we expect our main challenge to be finding the right high calibre consultants who fit with our ethos to join the team as we continue to grow.

“Having built the business on our reputation as a specialist finance consultancy run by active FDs, ensuring that we have talented, experienced professionals working alongside our clients, remains a priority on which we will not compromise.”