Architect targets China as UK revenue falls

Chapman Taylor's Mui Dinh eco resort hotel in Vietnam

Chapman Taylor’s Mui Dinh eco resort hotel in Vietnam

Chapman Taylor saw profit slip in 2018 but said it is targeting more work in China after opening a new office in the country last year.

The firm, which is working on the stalled scheme to revamp the 1970s Brent Cross shopping centre in north London, opened a studio in the capital Beijing last September.

In a note accompanying its accounts for the year to June 2018, the firm said: “Key growth markets have been China and south-east Asia where we expect to see strong growth in the coming financial year.”

The firm’s work in the UK includes a retail and leisure scheme at Castleford, West Yorkshire, called Axiom as well as redevelopment work in the middle of Coventry.

But revenue in the UK fell 12% to £10.7m while its income from Europe and the rest of the world was up.

Pre-tax profit at Chapman Taylor slipped from £3m to £2.6m while turnover during the period fell more than £500,000 to £35.3m.

Chapman Taylor - Jahan Mall

Chapman Taylor’s Jahan Mall in Mashhad, Iran