Regency Factors hits £100m turnover
23rd May 2012
TURNOVER at Regency Factors, which provides invoice discounting services to small businesses, has passed through £100m for the first time.The family-owned Bury-based company also saw a slight rise in profits in the year to the end of January, newly-filed accounts show.Turnover rose 14.8% from £88.4m to £101.5m and operating profits from £1.5m to £1.6m.The company, founded in Salford in 1991 by chairman and owner Maurice Craft, competes with larger national players such as Bibby Financial Services. It h......for the full story register now for free or login below...
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