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 [...]
How Nokia’s UK arm is bucking the trend of falling sales October 1, 2024 The UK arm of Nokia has bucked the trend set by its parent company by reporting a rise in both its sales and profit for its latest financial year. The division, which is based near Bristol, has reported a turnover of £448.9m for 2023, up from the £441.2m it posted for 2022. Newly-filed accounts with [...]
Autoglass owner’s profit more than doubles as sales accelerate October 1, 2024 Profit surged by 120 per cent at the owner of Autoglass as its sales jumped to almost £500m during its latest financial year. Belron International, which is headquartered in Surrey, has reported a pre-tax profit of £336.8m for 2023, up from the £155.3m it achieved in 2022.Belron International Newly-filed accounts with Companies House also show [...]
Parkdean Resorts suffers £100m slump as post-pandemic holiday competition heats up October 1, 2024 The return of short-haul travel following the Covid-19 pandemic contributed to holiday park operator Parkdean Resorts’ pre-tax loss widening by almost £100m during its latest financial year. The business, which is headquartered near Newcastle upon Tyne, has reported a loss of £135.2m for 2023, having previously posted a loss of £36.4m in 2022. The last [...]
Booths: ‘Waitrose of the North’ slashed loss thanks to record sales October 1, 2024 High-end supermarket chain Booths slashed its loss as sales passed £300m for the first time in its history. The Lancashire-headquartered company, which can trace its roots back to 1847, has reported a turnover of £318.6m for the year to 30 March, 2024, up from the £298.7m it achieved in the prior 12 months. Newly-filed accounts [...]
Tesco Mobile in the red despite sales passing £1bn October 1, 2024 Tesco Mobile fell into the red despite its sales passing the £1bn mark during its latest financial year, it has been revealed. The provider, which is a joint venture between the supermarket giant and Virgin Media 02, has reported a pre-tax loss of £449,000 for 2023, according to newly-filed accounts with Companies House. The loss [...]
Plusnet price rises boost profit after John Lewis closure October 1, 2024 Profit has risen at Plusnet despite a slump in customer numbers following the closure of its mobile division and John Lewis axing its broadband platform. The Sheffield-headquartered broadband provider, which is owned by BT, suffered a 29 per cent reduction in its customer base following the closures. However, annual contractual price rises partially offset the [...]