Diversification drives Bell Ingram profit

Published on 21/07/2011 22:51

TURNOVER at Perth-based property management firm Bell Ingram edged up by 3 per cent to £6 million as the company continued its diversification strategy.

The 112-year-old firm, which manages 500,000 hectares of private and corporate estates throughout the UK, posted an 11 per cent rise in pre-tax profits to 700,000 in the year to 31 January.

Managing director Graham Lumby said: "Since the management buyout in 1995, we've looked to widen the services we provide, in addition to traditional land management, to reduce the reliance on one sector."

As well as looking after land for clients including BP, Shell and UK Coal, the company is offering advice to farmers and estates on small renewable energy projects and is selling marketing tips for sporting estates to help promote fishing, shooting and stalking.