Kennedys' highest-paid member's profit share falls 11%
Profit attributable to the highest paid partner dropped despite 19% jump in operating profit
February 19, 2015 at 06:43 AM
2 minute read
The profit attributable to Kennedys' highest paid member fell 11% last year despite a 19% rise in operating profit, the firm's accounts reveal.
Kennedys Limited Liability Partnership (LLP) accounts for the year to 30 April 2014, filed at Companies House, showed operating profit rose 19% to £35.6m from £29.9m the previous year on the back of the acquisition of Kennedys Aviation LLP, formerly Gates and Partners, in June 2013.
But the share of profit attributable to the highest paid partner at the firm dropped 11% to £485,961 from £545,868.
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