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Cooper Parry reports double-digit growth for FY20 and the first half of FY21

Cooper Parry reports double-digit growth for FY20 and the first half of FY21

For the year ending 30 April 2020, Cooper Parry’s continuing business revenue grew organically by 10% to £31m, with average partner profits increasing by 22%.

Rooted in the Midlands but growing quickly across London and the UK, the accountants and business advisers’ first half FY21 results for the six months ending 31 October 2020 are similarly positive.

Revenues continue to grow strongly, with first half like-for-like growth of 12%, and despite depressed economic conditions, H1 of FY21 has been their best ever, with profits up 79% on the same period last year.


Cooper Parry continued to invest in their teams, welcoming a string of senior hires to their R&D Incentives, Private Client Tax, Indirect Tax, Not for Profit Audit and Tech & High Growth teams in particular.

Other senior hires across the UK led to the unveiling of Cooper Parry’s new package, CP Futures – a team working with early stage, scale-up and high growth businesses, navigating the finance, strategy, technology, fundraising and cultural challenges on their growth journey.


When the first lockdown began, the business transitioned to remote working effectively, building on two years of remote audit experience and the pre-existing, business-wide usage of Microsoft Teams. They also set up a COVID-19 taskforce, reaching out to businesses to see where they could help, assisting with government support packages, and summarising the daily wave of comms in an easy-to-digest manner.

Then, as their productivity, culture, wellbeing offering and client feedback remained strong, Cooper Parry’s CEO, Ade Cheatham, announced in late April that their people can now ‘Work From Anywhere. Anytime. Forever’.

After climbing 5 places to 8th in The Sunday Times’ 2020 Best Companies to Work For list, this announcement is the latest people-centred development in a business that has waxed lyrical about the importance of culture, flexibility and employee engagement for years. And with Cooper Parry’s Net Promoter Score (NPS) standing above the +70 mark, showing exceptional client satisfaction and loyalty, it’s certainly been well received.

Ade Cheatham, CEO at Cooper Parry, said:

“I often talk about the 2008 financial crisis as a major turning point in our story here, using a four-letter word that’s probably not fit for print. 2020 has been another one of those moments – for us and most of our clients – but to look back at the year and share these results makes me proud, and it’s testament to the hugely talented people we’ve got here and the culture they’ve built.”




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