News

Thomas Heatherwick pays himself £1.1m dividend after fivefold profit rise at practice

By 2024-01-05T12:08:00

Thomas Heatherwick 1

Studio’s revenue more than doubled following string of new jobs and schemes restarted after the pandemic

Thomas Heatherwick has paid himself a £1.1m dividend following a boom year at his practice Heatherwick Studio which saw its profits increase more than fivefold.

The firm raked in pre-tax profit of £17.6m for the year to 31 March 2023, up from just £3.2m in the preceding twelves months, while revenue during the period more than doubled from £24m to nearly £50m.

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