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Losses double at In House

2nd November 2009

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PROPERTY investor In House group saw losses more than double in the year to April 30.

The Warrington-based business recorded pre-tax losses of £2.1m during the 12 months, compared with £787,000 last time.

The annual accounts show revenue halved from £1.2m to £643,000 and net liabilities increased to £2m from £521,000.

Chairman David Meddings admitted the economic climate had, "brought uncertainty to the property sector".

He said: "Three particular implications result......for the full story register now for free or login below...


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