Interpath chief fined for breaching confidentiality rules before KPMG spin-off Prof Services The chief executive of restructuring firm Interpath Advisory has been fined for allegedly breaching confidentiality standards before the company was sold to private equity by Big Four accounting giant KPMG, its former owner. The UK’s accounting body, the Institute of Chartered Accountants of England and Wales (ICAEW), said Mark Raddan, a former KPMG board member, [...]
Silentnight: Profit at mattress supplier up nearly a third Business Mattress supplier Silentnight has reported a sharp uptick in revenue in the last financial year as business and consumer demand for beds increased. Revenue at the UK’s “most trusted sleep brand”, reached £143.8m in the year to the end of January 2024, up 29 per cent from £111.3m in the previous year. The company, which [...]
Profit slashed at King Charles’ bed maker Sleepeeze ahead of takeover Retail Profit at Sleepeeze, King Charles’ favoured bed maker, was slashed by more than 50 per cent in the year before it was acquired, it has been revealed. The Kent-headquartered business has reported a pre-tax profit of £159,261 for 2023, down from the £360,565 it reported for 2022. Newly-filed accounts with Companies House also show its [...]
Sleepeezee: Silentnight owner acquires bed maker for King Charles III May 15, 2024 A group owned by the majority shareholder of Silentnight has acquired Sleepeezee - which has been a supplier to the Royal Family for more than 60 years.