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Heatherwick Studio profits bounce back
Practice reports boosted headcount as finances turn around from 2018
Heatherwick Studio’s latest annual accounts report a profit and turnover bounce-back from 2018’s results – with revenue up 39% and a threefold hike in profit-before tax.
Thomas Heatherwick’s King’s Cross-based studio said turnover for the year was £26.53m, up from £19.05m the previous year, while profit before tax soared from £1.72m to £5.16m.
The figures are a boost for the practice in the year when its Coal Drops Yard in King’s Cross completed, work on its nearby Google HQ – designed in collaboration with BIG – continued, and the studio was part of the winning bid team for a new terminal at Singapore’s Changi Airport.
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