We're delighted to be able to confirm that for a second consecutive year, our filed accounts confirm a year of positive results. Improvements were made across all areas of the business – employee engagement programmes, sales incentives, and events, which have all played their part in achieving this excellent result!
Despite the continuing uncertain economic conditions we face, all of our key financial operating indicators improved on the previous year:
- Profit Before Tax up by 36% to £706k
- Gross Profit up 3.6% to £6.8m
- Turnover increased slightly to £19.5m
- Cash flow from operations improved by £1.7m
Additionally, the our accounts show that our standing in the Best Companies survey increased by almost 50 points to 690. A result we are extremely proud of.
Mike Davies, our managing director commented, “I am delighted to see a second year of positive growth. Our entire team deserve this result. It is the hard work and dedication of our associates that continues to make our business financially stronger as well as being a great place to work. The Best Companies score means as much to us as the growth in profits.”
Mike went on to say, “I am also delighted to report that the six months to December 2012 has also remained strong. Double digit growth in top line sales and gross profit means we are well on our way to achieving our full year goals.”