NEWS29 October 2009

River Research makes a million in first year

Financials UK

UK— River Research has reported turnover of £1.2m for its first year in business, adding clients including Vodafone, Carphone Warehouse, TalkTalk and Arcadia. The firm also made it on to the COI’s research roster.

The company was formed by former Illuminas directors Joe Brown, Julian Kenway and Nick Cornish in late-2008. They have been joined by another three ex-Illuminas staff, Zoe Best, Matthew Swinson and Jude Tomlinson.

Managing director Julian Kenway (pictured) said: “Our priority is to challenge the beliefs of our clients for the good of their business, providing considered and creative solutions for their needs. We believe we have achieved this so far and look forward to doing so for years to come.”

River Research said it is looking to increase turnover to £1.6m in its second year.