CORPORATE recovery and business advisory firm Quantuma has celebrated its fifth anniversary with another strong financial performance.

Turnover for the year to 31 March 2018 rose to £10.4m, an increase of ten per cent on 2017.

Managing partner Carl Jackson attributed the continuing growth to two factors, increased profile and a strong focus on recruiting talent.

He cited the firm’s increasing visibility in securing significant appointments including UK-wide retail administrations such as Store 21 and Select, technology appointments such as DO Systems Ltd and the firm’s continuing strength in the legal sector with a number of appointments including Burroughs Day.

Quantuma, which has an office in Brighton, increased its head count and number offices during the year.

Staff numbers increased from 96 to 122 and offices from seven to ten offices, with London making its third move in four years, due to demand for increased space.