BDO UK posts stable annual revenue of £1bn in 2025

BDO UK has reported yearly gross of £1bn ($1.3bn) for the twelvemonth ending 4 July 2025, which stay unchanged from the erstwhile year.

While challenges persisted owed to planetary governmental and economical factors, the organisation-maintained concern successful unit development, exertion upgrades, and infrastructure to enactment its operations.

The company’s operating nett for the play was down by 7.5% to £210m, portion nett per equity spouse decreased to £589k from £681k successful the erstwhile year.

The firm’s cardinal areas including audit, tax, deals and consulting, hazard & outsourcing (CR&O) reported varied results.

Revenue successful Tax accrued by 3.4%, and CR&O roseate by 5.4%.

In contrast, Audit gross fell by 3.7%, and Deals declined by 4%.

The organisation stated that maturation successful determination offices is expected to surpass London implicit the adjacent fewer years.

BDO UK recruited 690 trainees during the fiscal year, compared with 675 a twelvemonth earlier, done assorted introduction schemes including apprenticeships and postgraduate placements.

The accountancy steadfast promoted 2,440 unit crossed each location, which includes 36 partners, bringing the full spouse number to 501.

Investment successful exertion continued, including successful caller integer tools aimed astatine improving prime and consistency of work. There was besides absorption connected AI applications and processing services related to sustainability assurance and integer hazard management.

Relocations to caller offices took spot successful Manchester, Guildford, and Edinburgh this year. Refurbishments were completed successful Leeds, Birmingham and Southampton.

A modulation to a caller office successful cardinal London is scheduled for completion by precocious 2027.

BDO UK managing spouse Mark Shaw said: "The past twelvemonth has confirmed to maine the powerfulness of radical coming unneurotic to navigate an ever-changing landscape.

"The well-documented economical headwinds crossed the UK person resulted successful a challenging twelvemonth for the assemblage arsenic a whole. Growth rates person slowed and profitability has travel nether pressure. However, with targeted semipermanent investments, liable commercialized absorption and the resilience of our radical and the businesses we enactment with, we person continued to present a robust performance.

Recently, BDO UK announced a merger with BDO Ireland with the combined entity expected to scope revenues adjacent £1.1bn and person astir 8,500 employees.

Commenting connected the merger, Shaw added: "Looking ahead, I spot a concern that is successful the close spot to unlock opportunities for our marketplace heartland.

"Our merger with BDO Ireland cements our presumption arsenic 1 of Europe's largest accountancy firms focused connected entrepreneurial, increasing and ambitious clients.”