A London-based property consultancy’s strategic push into key regions like Manchester and Edinburgh has helped deliver a 9.5 per cent rise in turnover to £93.9 million, up from £85.7 million in the previous year.
For the year ended 30 April 2025, London-headquartered Carter Jonas achieved a pre-tax profit increase of 31.3 per cent to £20.1 million (FY2024: £15.3 million).
Operating profit also saw a significant rise of 29.3 per cent, reaching £19.9 million (FY2024: £15.3 million).
Despite a challenging year marked by high borrowing costs, tighter credit conditions, and market uncertainty, the firm demonstrated resilience.
Transactional markets, particularly in residential and commercial sectors, saw fluctuating activity levels, with many clients taking a cautious “wait and see” approach.
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With more than 170 years of experience and a national network spanning 34 offices and more than 1,000 professionals, Carter Jonas focused on maintaining profitability through cost discipline while investing in growth areas, including regional expansion and service capabilities in residential, rural, infrastructure, commercial, and planning sectors.
The firm’s strategic plan, Vision 2030, launched in May, will guide its next phase of development, with particular emphasis on growth in Manchester and Edinburgh.
Involved in projects like the life sciences lab facility in Liverpool, Carter Jonas also secured a number of frameworks, including a four-year contract with UK Power Networks.
Richard Bruce, chief executive at Carter Jonas, said: “The past year has continued to test confidence across the UK property market.
“Higher borrowing costs, tighter credit conditions and economic uncertainty have weighed on investment decisions and impacted activity levels across many parts of the market.
“Despite this year’s challenging conditions, we have delivered a strong performance, underpinned by a disciplined and strategic approach.
“Looking ahead, we enter the next phase of our development with stronger foundations, a clearer sense of mission and a renewed sense of optimism.”
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