Hartnell Taylor Cook announces bumper year with a 14% increase in turnover

Leading commercial property consultancy, Hartnell Taylor Cook, has today announced that it exceeded its annual target for the 2023/24 financial year, with a 14% increase from the previous year’s excellent performance.

The climb has been notably driven by the Building Consultancy, Mechanical & Electrical, Property Management and Professional Services departments, all of which recorded significant increases in turnover amid a challenging transactional environment.

It follows a raft of recent project wins, including Hartnell Taylor Cook’s appointment by the Motor Fuel Group to support the rollout of its EV charging infrastructure, and its re-appointment to manage the Maritime & Coastguard Agency’s entire property portfolio.

Headcount also rose by 16%, with the company recording its largest intake of graduates in its century-long history, alongside its first apprentice.

To continue to drive these achievements forward, the management team is re-aligning its vision for the coming year and has announced a revised structure, which will see the full-service, multi-disciplinary consultancy grouped into three divisions:

• Transactional Division (Agency, Valuation and Professional Services)
• Property & Asset Management Division (Property and Asset Management, including Facility Management)
• Project and Building Services Division (Building Surveying, Mechanical & Engineering, Project Management and Cost Consultancy)

This updated management structure will see David North appointed Head of the Property & Asset Management Division; Alex Moat appointed Head of the Project and Building Services Division; and Chris Grazier appointed Head of the Transactional Division, with Managing Partner Stuart Howell continuing to head all three departments.

The robust financial performance was delivered alongside a significant internal investment, with Hartnell Taylor Cook relocating to a new London office in Covent Garden and developing multiple software platforms to improve the availability of crucial data to both clients and colleagues.

IT developments included the introduction of a custom-built intranet and the launch of a bespoke purchase ledger system due this summer.

Stuart Howell, Managing Partner at Hartnell Taylor Cook said, “It’s been a great year for innovation and growth at Hartnell Taylor Cook. We have invested significantly to develop new software platforms to streamline our processes and provide valuable data to our clients.

“Our new management structure will help streamline ways of working and foster an even closer working relationship between our Bristol and London offices, and all our service lines.

“Last year was certainly not without its hurdles, but it’s great to come out of the other end with such a positive set of results and a growing team. Looking ahead, we expect to build upon this momentum and continue our upward trajectory.”