Typhoo Tea racked up debts of £100m as it collapsed into administration January 6, 2025 Typhoo Tea collapsed into administration owing around £100m to its creditors ahead of being rescued, it has been revealed. The Bristol-based company entered administration in November 2024 before being bought in a £10m deal the following month. Now, a new document filed with Companies House by Kroll has revealed how much Typhoo Tea owed to [...]
Billionaire Bet365 boss Denise Coates slashes pay as betting giant makes huge profit January 6, 2025 The billionaire boss of Bet365, Denise Coates, has seen her salary slashed by almost £130m as the betting giant surged back into the black with a profit of almost £600m. Coates, whose father founded the Stoke-on-Trent company, was paid £94.6m in the year to 31 March 2024, according to newly-filed accounts with Companies House. The [...]
Westfield slashes loss ahead of huge funding boost January 6, 2025 The company behind the Westfield shopping centres in London has recorded its lowest pre-tax loss since 2019 despite its turnover being slashed by over 30 per cent. Westfield Europe, which includes sites in Stratford and Croydon, has reported a pre-tax loss of £25.2m for 2023, according to accounts filed late with Companies House. The latest [...]
Yeo Valley doubles profit after natural yoghurt demand surges January 6, 2025 Profit at Yeo Valley has almost doubled after sales at the dairy giant jumped by £40m during its latest financial year. The Somerset-headquartered business has reported a pre-tax profit of £8.1m for the year to 26 May, 2024, according to newly-filed accounts with Companies House. The latest figure comes after Yeo Valley returned to the [...]
Premier League betting wins force Stanleybet into the red January 6, 2025 Betters winning big on Premier League football match results contributed to Stanleybet entering the red, it has been revealed. The Liverpool-headquartered company said a “sustained period of player-friendly sports results”, from the start of the 2023/24 football season, impacted its finances alongside online promotional activity. It added that Stanleybet was one of a number of [...]
H Samuel and Ernest Jones owner cuts loss despite £40m sales hit January 6, 2025 The company behind high street jewellers H Samuel and Ernest Jones significantly cut its loss despite sales falling by almost £40m during its latest financial year. The Birmingham-headquartered business has reported a pre-tax loss of £483,000 for the year to 3 February, 2024, down from the £8.9m loss it posted in its prior 12 months. [...]
Arnold Schwarzenegger-inspired Ultimate Performance receives boost January 6, 2025 Ultimate Performance, the gym and personal training chain inspired by Arnold Schwarzenegger, received a £1m boost ahead of selling a stake to a private equity firm. The Manchester-headquartered upmarket health and fitness group has reported a pre-tax profit of £1.7m for the year to 31 March, 2024, according to newly-filed accounts with Companies House. The new [...]
Dua Lipa now worth over £100m despite major drop January 6, 2025 Pop star Dua Lipa saw her earnings slashed by more than £40m in the year between her popular live tours, it has been revealed. Turnover at the singer’s production company, Radical22 Live, fell significantly from £51.5m to £8.4m in the 12 months to 31 March, 2024. Newly-filed accounts with Companies House also show that the [...]
DC Thomson: Stylist and The Beano publisher recovers from £161m loss January 6, 2025 DC Thomson, the publishing group behind the likes of Stylist, Press & Journal and The Beano, has surged back into profit and recovered from a £161m loss. The Dundee-headquartered business has jumped to a pre-tax profit of £93.8m for the year to 31 March, 2024, according to newly-filed accounts with Companies House. The results also [...]
Record profit for Doctor Who maker Bad Wolf January 3, 2025 Profit at Bad Wolf, the production company behind the likes of Doctor Who, has surged to a new record, it has been revealed. The Wales-based business has reported a pre-tax profit of £10.5m for the year to 31 March, 2024, according to newly-filed accounts with Companies House. The new total is up from the £7m [...]