RK Harrison breaks £100m turnover barrier for first time
Broker claims cash balance will exceed debt by the end of 2014.
RK Harrison (RKH) has reported turnover of £115.4m for 2013, up 24% from the £92.9m reported in 2012.
Profit before tax also increased to £30m compared with £23.7m the previous year.
The broker stated that 12% of its growth was organic. It also cited the impact of the full year contributions from both MWA, the UK specialist high net worth broking business acquired in December 2011, and the Gibbs Hartley Cooper portfolios acquired from Marsh in June 2012.
The firm further revealed that liquidity
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