This represents a 32% increase from £75m in the same period last year. The accounting group said nearly all of its offices experienced significant double-digit growth in the first half of the year.

Full financial revenues for 2025 are expected to exceed £200m, with MHA historically receiving a higher proportion of its fees in H2, as with other professional services firms.

Revenue at MHA – the UK and Ireland member of Baker Tilly International, which has offices in Edinburgh and Aberdeen – has doubled in the last four years from £90m in 2020.

There was growth across all of MHA’s service lines with audit & assurance, and tax being the most significant. The firm’s top six sectors expanded with growth led by financial services, consumer products, technology, and automotive & transport.

Rakesh Shaunak, group chairman and managing partner, said: “MHA has had a strong first six months of the financial year with growth coming both organically, as well as via our successful merger in Ireland.

“We will continue to move with purpose, pace and an ambitious growth mindset. We look confidently ahead to anticipated double digit organic growth for the full financial year 2025 and beyond.”

With the addition of two new Irish offices in July, headcount is now 1,916 people across 23 offices with 147 partners. This latest merger caps a busy 12 months for MHA, having opened offices in late 2023 in Scotland and Wales for the first time, as well as the merger with MHA Moore & Smalley.

Since April 1 the firm has welcomed 416 new starts and announced 270 promotions across the UK.

On July 1 MHA announced a merger with Roberts Nathan to form a new firm which is going to market as Baker Tilly in the Republic of Ireland and will create 100 new jobs over the next two years to bolster the 70 existing staff and partners. The new roles will range from graduates to experienced professionals in Dublin and Cork, spanning audit and assurance, advisory, and tax services.

In September the firm announced that it had welcomed a record 214 new trainees this year with 186 new starters joining the firm earlier that month.

This figure represents an almost doubling of last year’s intake of 130, reflecting the ambitious growth journey MHA is already on and the firm’s future expectations. The firm anticipates this number will grow again significantly in 2025.

The new starts have training contracts at 23 MHA offices across the UK and Ireland including the new offices in Aberdeen, Edinburgh, Cork, and Dublin. The new trainees are a mix of apprentices and graduates and will work across MHA’s service lines: audit & assurance, tax and advisory.