Profit slashed at Britain’s Got Talent maker Fremantle October 3, 2024 Profit was slashed at the UK arm of Fremantle, which makes shows such as Britain’s Got Talent during its latest financial year, it has been revealed. The London-headquartered division has reported a pre-tax profit of £9.4m for 2023, down from the £22.9m it achieved in 2022. Newly-filed accounts with Companies House also show its turnover [...]
Adidas looks to Euro 2024 and Olympic success as UK sales suffer £100m drop October 2, 2024 Sales at the UK arm of Adidas suffered a fall of more than £100m during its latest financial year despite growth in its own retail stores. The division, which is headquartered in Stockport, has posted a turnover of £1.15bn for 2023, down from the £1.23bn it achieved in 2022. In newly-filed accounts with Companies House, [...]
Office Depot owner loses over £50m ahead of quitting UK thanks to working from home trend October 2, 2024 OT Group, the owner of Office Depot and the Spicers wholesale brand, lost more than £50m in the year before it revealed plans to quit the UK. The Greater Manchester-headquartered group has posted a pre-tax loss of £52.5m for 2023, having also lost £15.8m in 2022. Newly-filed accounts with Companies House also reveal that turnover [...]
Pearl & Dean: Cinema advertising giant banking on Wicked and Gladiator 2 success after loss-making year October 2, 2024 Cinema advertising giant Pearl & Dean is hoping that the expected commercial success of Wicked and Gladiator 2 will help it return to the black. The London-headquartered business fell to a pre-tax loss of £1.7m in 2023 despite the boost provided by the popularity of films such as Barbie, Oppenheimer and Wonka. The loss came [...]
Bumper pay day for ‘Chicken King’ Boparan October 2, 2024 Ranjit Singh Boparan, the so-called ‘Chicken King’, received a bumper pay day after profit at his private office jumped to almost £125m. Boparan’s private office includes high street restaurant brands like Carluccio’s and Gourmet Burger Kitchen as well as Bernard Matthews, Banham Poultry and Elkes Biscuits. Newly-filed accounts with Companies House have revealed that the [...]
007: Road to a Million maker not shaken from takeover as profit surges October 2, 2024 Profit at the maker of shows including 007: Road to a Million surged during its latest financial period despite its revenue being slashed. London-based 72 Films, which is part of the Fremantlemedia Group, has reported a pre-tax profit of £4.7m for the nine months to the end of 2023, according to newly-filed accounts with Companies House. [...]
Etsy: UK sales surge to post-pandemic high October 2, 2024 Sales at the UK arm of online marketplace Etsy have surged back to almost the heights it enjoyed during the Covid-19 pandemic. The London-headquartered division has reported a turnover of £9m for 2023, up from the £3.8m it posted in 2022, according to newly-filed accounts with Companies House. The latest figure comes after Etsy UK’s [...]
Northern Trains overcomes ‘uncertain and challenging times’ as revenue passes £1bn October 2, 2024 Northern Trains has posted a revenue of £1bn for its latest financial year after battling “uncertain and challenging times”. The operator has posted a total revenue of £1.07bn for the year to 31 March, 2024, up from the £982.6m it posted in the prior 12 months. Newly-filed accounts with Companies House also show its revenue [...]
LNER: Strikes and storms cost train line over £50m October 2, 2024 The impact of a series of severe storms and continued strike action cost London North Eastern Railway (LNER) more than £50m during its latest financial year, it has been revealed. The train operator said industrial action in the year to 31 March, 2024, reduced its revenue by £25.9m while extreme weather also impacted its revenue [...]
Gary Neville and Ryan Giggs-owned Hotel Football still in the red despite record sales October 1, 2024 Hotel Football, which is co-owned by Gary Neville and Ryan Giggs, remains in the red despite achieving a record year. The hotel, which is located in the shadow of Manchester United’s Old Trafford stadium, has reported a pre-tax loss of £601,030 for 2023 after also making a loss of £630,158 in 2022. The loss comes [...]