UK property consultancy Rapleys has announced record results for the year ending April 2023.

Turnover grew by 25 per cent from £12.8 million to £16.02 million, which represents a pre-tax profit ratio of over 30%.

Results were led by its Building Consultancy team, which Rapleys says has seen 300% increase in turnover in the last three years and launched new services such as ‘Housing Consultancy’ led by Martin Gladwin, ‘Cost Consultancy’ with the appointment of Jack Cawthra as head of the team based in Manchester, ‘Sustainability & Building Services’ led by Lee Fraine who joined in June 2022. Most recently the team appointed ex-Colliers head of building consultancy, Paul Dunne as partner in the London office.

The other three core divisions of Commercial, Planning and Residential were boosted with the acquisition of three businesses in the last 12 months: planning consultancy CSJ in Bristol, residential consultancy s106 Affordable Housing on the South Coast and the biggest acquisition in the Partnership’s history with the purchase of Aston Rose in London. It also launched a new team ‘Rapleys Living’ last month.

The last year has been pivotal for Rapleys who also rebranded, reorganised and announced considerable its investment in people and infrastructure in September and launched its People Plan in May 2023 with the aim of becoming the employer of choice by promoting a fun and positive working environment, and bringing together the company business plan, values, technology, employee development, management of people, wellbeing and recognition. It introduced a range of new initiatives such as birthdays off, bolstered CPD, the removal of core working hours (hours instead agreed with employee & manager), minimum six weeks holiday for all employees and a wellbeing hub amongst many others.