Shares in Martin Gilbert's investment firm AssetCo fell nearly 5% after losses widened to £26.7 million during a "exceptionally difficult" year for asset management. Rising interest rates, inflation and the pandemic's lingering effects contributed to outflows from the UK equity strategies of R
Annual Results
The House of Bruar retail destination at Blair Atholl has reported a robust financial performance in the year to 31 January 2024, with turnover rising 15% to £45 million. The results, filed at Companies House, were driven largely by the expansion of direct shopping channels, which now account
Royal London, the major life and pensions mutual company with offices in Edinburgh and Glasgow, has reported a surge in full-year profit and net inflows despite economic uncertainties. The firm, founded in 1861, unveiled a 19% increase in operating pre-tax profit to £249 million in 2023, attri
Beeks Financial Cloud Group Plc, the Braehead-based cloud computing and connectivity provider for financial markets, has reported its revenues surged 25% to £12.96 million, up from £12.96m, in its latest results for the six months ended 31 December 2023. Annualised Committed Monthly Recu
STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures. The group also announced that CEO Simon Pitts will step down in the next 12 months to start a new appointment in Q1 2025. The board h
Kettle Produce, a vegetable producer headquartered near Cupar, has disclosed a pre-tax loss of £1.89 million for the year ended 27 May 2023.
The Edinburgh International Conference Centre (EICC) has achieved a record profit of £2.6 million on revenue of £12.8m for the year ended 31 December. This result is up from profits of £699,000 profit and revenues of £11.8m in 2022.
Scottish glass and aluminium specialist Cube Glass has boosted its revenues by well in excess of £1 million as well as developing lucrative new international partnerships. The Cumbernauld-based tech pioneer has pushed its turnover to a record £4.5m in the year to October 2023, up from &p
Thorntons has posted profits of £9.2 million and turnover of £37.8m, for the financial year ending 31 May 2023. Profits are 9.1% (£0.9m) down from last year, after a seven-figure IT investment and staff benchmarking exercise. Turnover is up 8.2% (£2.86m) from £35m,
KPMG has announced its highest partner pay since 2007, with average pay reaching £786,000 in the year to September. This increase of 4% comes even as pre-tax profits experienced a decline of nearly a fifth, reaching £364 million.
Perthshire-based Morris Leslie Plant Hire has reported a pre-tax profit of £11.5 million and revenues of £49.1m, in its 2022/23 annual accounts.
Angus Dundee Distillers has posted pre-tax profit of £31.3 million, marking a substantial increase of over 25% compared to the previous year, and turnover of £81.6m, reflecting growth of 14.9% or £10.6m.
Blackadders LLP has reported increased turnover and profit in its latest accounts. The firm's turnover for 2022/23 was £16.7 million, including Blackadders Wealth Management LLP. Profits stood at £4.23m.
Campion Homes has posted pre-tax losses of £864,071 after sales fell by more than £12 million last year. Accounts show turnover for the Fife-based housebuilder fell from £48.5m in 2022 to £36.3m for the year to June 2023.
Crerar Hotels has posted a 31% increase in turnover, rising from £14.5 million to £19m, and a more than 30% growth in gross profit, from £12.6m to £16.4m. This growth is attributed to strong summer sales surpassing pre-covid levels. The group, which includes seven award-winni