Loans firm says tighter credit has an Impact
20th July 2012
DARESBURY-based finance firm Impact Holdings declared a 4% increase in pre-tax profits to £314,475 in the year to March 31 even though revenues fell by 20% to £1.2m (2011: £1.5m).The company, which provides loans to solicitors and other professionals, has continued its long-term goal of working down its loan book, which now stands at £5.2m, from £7.5m in the prior year. It also successfully negotiated an extension of its bank facilities. However, company chairman Roger Barlow said that banks we......for the full story register now for free or login below...
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