Berwin Leighton Paisner (BLP) shrunk its net debt by 15% during the 2013-14 financial year, with the reduction coming alongside a 25% increase in operating profit.

The figures, which are contained in accounts recently filed with Companies House, show BLP reduced net debt by £5.3m to £29.2m, with the drop following a sharp rise in debt levels during 2012-13, up 134% from £14.8m to £34.6m.