Costa Coffee in the red despite sales success October 18, 2024 Costa Coffee fell into the red despite its revenue rising by more than £100m in 2023, it has been revealed. The Buckinghamshire-headquartered business, which is owned by Coca-Cola, has reported a pre-tax loss of £9.6m for its latest financial year. The loss comes after the firm posted a pre-tax profit of £245.9m in 2022. Newly-filed [...]
Tarmac: Building materials group sheds jobs as turnover hits £2bn October 17, 2024 Turnover at building materials group Tarmac hit £2bn during its latest financial year as its profit jumped, it has been revealed. The Solihull-headquartered company’s increased sales in 2023 come after its turnover stood at £1.99bn in 2022. Newly-filed accounts with Companies House also show its pre-tax profit improved from £125.9m to £168.1m over the same [...]
TJ Maxx sales pass £4bn to hit new record October 17, 2024 Sales at the UK arm of TJ Maxx passed the £4bn mark during its latest financial year to hit a new record, it has been revealed. Newly-filed accounts with Companies House show the firm’s turnover increased from £3.88bn to £4.02bn in the 12 months to 3 February, 2024. Despite the rise in sales, TJ Maxx’s [...]
Cotswold Outdoor has now lost over £100m since it last made a profit October 16, 2024 The company behind Cotswold Outdoor has now lost more than £100m since it last made a pre-tax profit almost ten years ago, it has been revealed. The Wiltshire-headquartered retailer, whose brands also include Runners Need as well as Snow and Rock, has reported a pre-tax loss of £7.3m for 2023, after also making a loss [...]
Citroen sales accelerate as profit more than doubles October 15, 2024 Sales at the UK arm of Citroen accelerated by almost £200m in 2023 as its profit more than doubled, it has been revealed. The Coventry-headquartered car maker has reported a revenue of £1.2bn for its latest financial year, up from the £1.01bn it achieved in 2022. Newly-filed accounts with Companies House also show its pre-tax [...]
Profit slashed at Eon Productions as wait for new James Bond continues October 15, 2024 Profit at Eon Productions, the company behind the James Bond movie franchise, was slashed in 2023 despite its turnover jumping, it has been revealed. The London-headquartered business has reported a pre-tax profit of £224,985 for its latest financial year. The total comes after the firm posted a pre-tax profit of £900,879 for 2022. Newly-filed accounts [...]
Bibby Stockholm: Profit rises for asylum seeker barge ahead of closure October 15, 2024 The Bibby Stockholm barge, which houses asylum seekers off the coast of Dorset, continued to turn a profit in 2023, it has been revealed. The three-storey vessel has posted a pre-tax profit of £167,035 for the 12 months, down from the £421,701 it reported for 2022. Newly-filed accounts with Companies House also show its turnover [...]
Fenwick: John Lewis rival slumps into the red and cuts jobs October 15, 2024 Department store chain Fenwick slumped back into the red and cut jobs as it battled the cost-of-living crisis and a “changing retail environment”. The Newcastle-headquartered business has reported a pre-tax loss of £28.3m for the year to 26 January, 2024, having previously made a pre-tax profit of £57.1m in the prior 12 months. Newly-filed accounts [...]
Donald Trump’s golf course in Scotland makes 11th consecutive loss October 15, 2024 Donald Trump’s golf course in Aberdeenshire has maintained its positive outlook despite making a loss for an 11th consecutive year. Trump International Scotland has reported a pre-tax loss of £1.4m for 2023, having also lost £738,344 in the prior 12 months. The widening loss comes despite its turnover rising from £3.59m to £37.4m over the [...]
Simon Cowell’s talent agency YMU significantly cut loss ahead of sale October 14, 2024 The talent agency that represents the likes of Simon Cowell, Graham Norton and Claudia Winkleman significantly cut its pre-tax loss in the year before it was sold. YMU, whose clients also include Nicole Scherzinger, Stacey Solomon and Ant and Dec, has reported a pre-tax loss of 32m for 2023, according to newly-filed accounts with Companies [...]