Insider Media Limited

Accountancy firm Mazars has reported a surge in client numbers across the Midlands.

It comes as it has purchased PwC's volume personal insolvency business. Mazars said the purchase of the Gloucester-based personal insolvency business is a "significant step forward" for its national bankruptcy centre business.

The seven per cent hike at the accountancy firm, which has offices in Birmingham, Wolverhampton and Nottingham, has raised revenue to £109.1m for the year to 31 August 2011, the firm revealed. The figure was £102.5m in 2010.

The company has also predicted further growth in the years ahead despite a "very challenging economic environment".

David Chapman, Midlands managing partner, said: "We always aim to attract and retain the best talent, so as to better serve our clients. During the last year we have continued to invest in talented people in order both to maintain the high standards that our clients are used to, and to continue to grow and develop our business.

"As a result, we have continued to win many new clients as we pursue our key strategies, and we expect to continue to deliver real growth in our business over the next few years.

"Both globally and also in the UK, Mazars is committed to serving our clients with a sense of purpose in order to make a real difference to their businesses, many of which are adjusting and adapting to the economic challenges that we all face."

During 2010/11, the average number of Mazars LLP personnel in the UK reached 1,209 full time staff. As at August 31, there were 108 partners.

Mazars recently celebrated the first anniversary of amalgamating much of its West Midlands operation in premises at 45 Church Street, Birmingham. Since then 37 new staff, including eight graduates, have been taken on, the firm said.