02 June 2020
Privately-held UK-based specialist recruitment consultancy MERJE reported record revenue of £10.06 million for the full year 2019, up from £8.60 million in 2018.
Revenue was up due to a 22% increase in contractor placements.
According to The BusinessDesk, pre-tax profits for the FY 2019 were £833,000, compared with £958,000 in 2018. This followed significant investment and expansion in 2018 into a new headquarters in Whitefield in Greater Manchester, which was designed to allow for the future growth of the business as new services are launched.
During the full year MERJE increase its employee headcount by 10% as the business launched a Finance Practice division to strengthen its position within accountancy practices.
Andrew Varty, managing consultant of the finance and audit team, said, “We have observed a continuing demand for our contractor services by our clients who look to quickly and seamlessly draft in niche expertise to provide support with projects and skills gaps.
“While we anticipated major challenges for clients on account of IR35, the delay has enabled continued stability during present circumstances,” Varty said. “We predict that Covid-19 and the current climate will result in organisations further requiring the specialist services that contractors are able to provide.”
MERJE also announced that it appointed a new Head of Business Development at the start of 2020. The aim of Michael Brennan’s appointment is to assist MERJE on its financial trajectory amid strategic plans to expand the company’s national reach.
The company focuses on placing candidates in roles across many sectors within the areas of compliance, credit risk & analytics, customer contact, finance & audit, financial crime & fraud, procurement and risk management.
