AHMM turnover dives by 22%

Belgrove House_View from KX Square_AHMM

Source: AHMM/CPC Project Services

Practice made a loss of more than £600,000 last year as covid ravaged workloads

Allford Hall Monaghan Morris (AHMM) made a loss of over £600,000 and saw its revenue plunge by 22% in the first year of the pandemic.

The architect’s latest accounts said the 12 months to the end of March 2021 had been a “challenging year” as the impact of covid-19 ate into workloads.

The report said the virus had hit the practice on two fronts, reducing on-site working during the early part of the accounting period and resulting in a slowdown in new projects caused by “planning and financing uncertainties”.

 

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