Henderson Loggie – one of the largest independently owned accountancy and business advisory firms in Scotland – has reported a 13 per cent increase in annual turnover to £14.5m for the year ending March 2025.
Over the past six years, following a renewed strategic vision, the firm has more than doubled its turnover and nearly tripled its profits which has supported significant investment in people development and infrastructure, with a positive impact on client experience.
In the heavily disrupted accountancy sector, which has seen local and national names disappear in recent years, Henderson Loggie has remained independent, choosing to invest in its workforce, physical infrastructure and local communities rather than pursuing outside capital or acquisition.
David Smith, Managing Partner, said: “Henderson Loggie provides a purpose-led choice in the market and independence means we can think long-term, invest in our people, and stay focused on what matters most to our clients and communities. Our strategy is to build a future-focused firm with a strong internal culture. We have a dynamic leadership structure, and a model which accelerates decision-making, encourages entrepreneurial thinking and attracts and retains top talent.”
The firm has upgraded its footprint significantly over the past year opening larger and enhanced offices in Aberdeen and Edinburgh, with further expansion underway in Glasgow and a full redevelopment planned at its Dundee headquarters.
Alongside the property investment, the firm has made senior appointments and hired its first Chief Technology Officer, building on its commitment to innovation and enhancing client experience.
Henderson Loggie’s results come in the same year it published its first environmental, social and governance (ESG) report, highlighting commitments to sustainability and inclusion. The firm also launched the Henderson Loggie Charitable Foundation, a separate charity, dedicated to helping those who are disadvantaged in local communities, which has already made its first grants to five charities across Scotland.
The firm now employs over 185 partners and staff across Scotland.
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ADERDEEN FIRM MERGES WITH THORNTONS
Meanwhile another Scottish independent law firm, Thorntons, headquartered in Dundee, has announced a strategic merger with Aberdeen practice Patience and Buchan. The deal will see Patience and Buchan’s two partners and four employees transfer to the merged firm, which will continue under the Thorntons name from 1 October 2025. The move marks Thorntons’ first permanent base in Aberdeen, expanding its national footprint and taking the firm’s headcount to around 580.
