Business and people search

Debt advisor boosts sales and earnings

25th February 2011

Cleardebt CEO David Mond

Cleardebt CEO David Mond

A "significant" increase in the number of IVAs under management has led to a dramatic rise in turnover at ClearDebt in the six months to December 31.Sales at the Timperley-based company rose by 75% to £3.97m, and earnings before interest, tax, depreciation and amortisation grew by 164% to £1.15m.Despite this, higher finance  and amortisation costs relating to its recent purchase of the Relax Group's assets meant the company's pre-tax profits fell by 91% to £37,200.The company gained agreement for 761 IVAs fo......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

Lancashire town opens new heritage trail

Lancashire town opens new heritage trail

29/07/2016Joanne Birtwistle

Do you deserve a pay rise?

Do you deserve a pay rise?

28/07/2016Stephanie Balloo

Findel blocks Mike Ashley bid to be chairman

Findel blocks Mike Ashley bid to be chairman

29/07/2016Joanne Birtwistle

Decade long director ban for bogus bobbies

Decade long director ban for bogus bobbies

29/07/2016Joanne Birtwistle

North West joins Obama's antibiotic crusade

North West joins Obama's antibiotic crusade

29/07/2016Joanne Birtwistle

Insolvencies continuing to fall in Q2

Insolvencies continuing to fall in Q2

29/07/2016Nick Jackson

Zuto gets £1m cash boost

Zuto gets £1m cash boost

29/07/2016Nick Jackson

New route to Marrakesh for travellers

New route to Marrakesh for travellers

29/07/2016Nick Jackson

Pareto grows turnover 26%

Pareto grows turnover 26%

29/07/2016Nick Jackson

Law firm turnover hits £95.1m

Law firm turnover hits £95.1m

29/07/2016Joanne Birtwistle

Data is the new oil for for DJI

Data is the new oil for for DJI

28/07/2016Joanne Birtwistle

Toy company sets sights on job creation

Toy company sets sights on job creation

28/07/2016Joanne Birtwistle

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954