Blackadders reported growth in turnover and profit in its latest accounts and expect to report further growth for the financial year ending 31 March 2025, with the un-audited combined income of Blackadders LLP and Blackadders Wealth Management LLP exceeding £19 million.

The year saw significant investment in improving staff benefits, new premises and upgrades to core IT infrastructure. All employees now have access to private health insurance and a medical cash back scheme.

Mr McKay said: “We are pleased and honoured to be chosen to continue to lead Blackadders. The last three years have been hard work but incredibly rewarding and we are proud of how the firm and everyone in the team has performed.

“Achieving the 5 by 25 goals will be tough but they are certainly achievable if we push on in this final year. We are confident the team will continue to operate at the highest level and provide the kind of service which has seen record levels not only of new business but also importantly of returning business.”

Ms Gray said: “We have no intention of standing still. This is an ambitious firm with a team of very talented people and we are confident that we can continue to challenge the way the industry delivers its services and give our clients unparallelled professional support nationally.

“We will be looking to set new goals which will reflect our ambition and the talent we have at Blackadders. Our people, our culture and the manner in which we conduct business are vitally important to us and we want to continue to grow our reputation as well as our financial performance.”