Vail Williams has reported its best ever year, with increased revenues of £18.3m for 2022-23, up 5% over the previous financial year.

Growth continued in line with the current three-year business plan and included the highest grossing single quarter since 1988 when the firm was founded.

The company says that its agency division played a crucial role in boosting revenue, along with planning, property asset management (PAM), building consultancy, a growing residential presence, energy and environmental sector work and an internal reorganisation of how the firm’s 175 staff are managed.

The property consultancy’s managing partner, Matthew Samuel-Camps, said: “What is absolutely clear is that once again we have had our best-ever year as we continued to increase our fee income and outperform previous years.

“We have seen an excellent collegiate performance. We increased our team numbers, productivity improved, we did a lot more multi-disciplinary work and we continued to serve high-quality clients across a range of sectors. We continued to advance our expertise, our client base and the type of work undertaken.

“The agency team continued its strong performance from the previous year, our planners made significant inroads and grew our offering, while the Building Consultancy and restructured Property Asset Management  teams pushed ahead on all fronts.

“Our business plan is one where we are seeking to continue to grow and exploit opportunities to increase our service lines, develop new areas of expertise and look at appropriate geographic expansion to enhance our existing footprint.

“However, we could do none of this without our exceptional and valued clients who trust us to act on their behalf across a huge range of property matters and whose continued support drives us forward to grow the business, uphold our high standards and deliver ever better levels of customer service.”

Vail Williams employs 175 people – of which more than 50 are partners, including 17 LLP members – is based across its 12 offices in the Midlands and south of England in Oxford, Birmingham, Crawley, Brighton, Woking, Heathrow, Leeds, London, Portsmouth, Reading, Southampton and Bournemouth.