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In the year to 28th February 2009 the Company had an excellent year with increased sales and a return to profitability. There was also significant strengthening of the balance sheet with net assets increasing by £683k.
We are forecasting that this improvement will carry forward into the current year as the company continues to develop its customer base and improve efficiency.
£’000 |
Y/E 28/02/07
Actual |
Y/E 29/02/08
Actual |
Y/E 28/02/09
Actual |
Change on prior year |
Turnover |
19,126 |
19,435 |
20,690 |
+ 6% |
Operating Profit/(Loss) |
630 |
(953) |
376 |
£1.3m improvement |
Net Assets |
1,477 |
490 |
1,173 |
+ 139% |
The statutory accounts for year ended 28th February 2009 were filed with Companies House on 21/05/09.
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