Watson Burton Leeds expansion hits profits
North East firm Watson Burton has published its first statement since becoming a limited-liability partnership (LLP) last year, showing that turnover is up but equity partner profit is down. The turnover was £16.1m for 2004-05, up almost 12 per cent on 2003-04’s £13.8m. However, top-earning partner Andrew Hoyle’s profit share was £582,000 – significantly less […]