Clearscore: Credit score checker returns to profit October 14, 2024 Credit score checker Clearscore returned to the black despite its turnover taking a hit during its latest financial year, it has been revealed. The London-headquartered fintech business has reported a pre-tax profit of £4.8m for 2023, according to newly-filed accounts with Companies House. The total comes after Clearscore posted a pre-tax loss of £9.9m in [...]
Loss widens at Papa Johns in UK ahead of major closure plans October 14, 2024 The UK arm of pizza chain Papa Johns lost almost £20m in the year before it decided to close more than 40 underperforming restaurants. The Milton Keynes-headquartered division has reported a pre-tax loss of £19.9m for 2023, having also lost £4.1m in 2022. Newly-filed accounts with Companies House also show its turnover nudged up from [...]
Motorway cuts its loss as sales rise at ITV’s Six Nations sponsor October 14, 2024 Online-only used car marketplace Motorway cut its pre-tax loss in 2023 as the Six Nations TV coverage sponsor handled more than £2.2bn in sales transactions in the year. The London-based business, which has a network of more than 7,000 car dealers, has reported a pre-tax loss of £31.7m for its latest financial year, down from [...]
The Dorchester Hotel owner struggles with rising costs and fewer guests October 14, 2024 The group that includes The Dorchester Hotel in London fell into the red in 2023 as it struggled with rising costs and fewer guests. The Dorchester Group has reported a pre-tax loss of £5.2m for its latest financial year, having made a pre-tax profit of £17m in 2022. Newly-filed accounts with Companies House also show [...]
Skyscanner: Profit jumps to almost £100m at travel search engine October 14, 2024 Profit at travel search engine Skyscanner has rocketed to almost £100m thanks to the final Covid-19 restrictions coming to an end. The Edinburgh-headquartered business has reported a pre-tax profit of £95.2m for 2023, up from the £31.5m it achieved in 2022. Newly-filed accounts with Companies House also show its revenue rose from £283.8m to £349.4m [...]
Butlin’s: Price changes fail to stop holiday resort chain entering the red October 14, 2024 Holiday resort chain Butlin’s entered the red in the year after it was sold for £300m despite changing its pricing strategy, it has been revealed. The company has posted a pre-tax loss of £24.4m for 2023, according to newly-filed accounts with Companies House. The loss comes after the business, which runs sites in Bognor Regis, [...]
Sipsmith: Sales at gin maker fall for fifth year in a row October 14, 2024 Sales at gin maker Sipsmith have fallen for a fifth year in a row as it continues in the red. The London-based brand has reported a turnover of £14.2m for 2023 and a pre-tax loss of £17.2m, according to newly-filed accounts with Companies House. The new totals come after Sipsmith posted a turnover of £18.2m [...]
Aga Rangemaster cuts almost 200 jobs as sales cool October 14, 2024 Aga Rangemaster has blamed “a difficult year” and “challenging market conditions” as it cut almost 200 jobs in 2023. The company, which is headquartered near Nottingham, reduced its headcount in the year to 30 December, 2023, from 836 to 660. The latest total comes after the business had employed 907 people at the end of [...]
Wren Kitchens owner sheds 1,000 jobs as profit slumps after Ebuyer sale October 14, 2024 Profit at the group behind Wren Kitchens slumped to its lowest level since 2017 as its sales fell back from a record high and it shed 1,000 jobs. The West Retail Group, which is headquartered in Yorkshire, has reported a pre-tax profit of £35.1m for 2023, according to newly-filed accounts with Companies House. The total [...]
Pathé switches to high-end TV drama as loss continues despite Sir Michael Caine swan song October 14, 2024 The UK arm of movie maker Pathé remains in the red despite releasing the final film featuring Sir Michael Caine amid its switch to high-end TV drama. Pathé Entertainment, which is headquartered in London, has reported a pre-tax loss of £4.8m for 2023, according to newly-filed accounts with Companies House. The loss comes after the [...]