Business and people search

'Disappointing' IVA market fails to dent ClearDebt profits

21st November 2012

DEBT management firm ClearDebt has reported a sharp rise in sales and earning in the year to June despite a sluggish individual voluntary arrangement (IVA) market.The Timperley-based group said sales rose 18% to £9.2m while earnings, before interest, tax, depreciation and amortisation (EBITDA) grew 23% to £2.7m. Pre-tax profits jumped from £227,200 to £834,758.It now has 13,000 clients but said there were "disappointing" numbers of new IVAs in the second half, however this was offset by a stronger performanc......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

Lakes candle maker sold for £17.5m

Lakes candle maker sold for £17.5m

05/05/2016Alex Turner

New head chef for Neighbourhood after refurb

New head chef for Neighbourhood after refurb

05/05/2016Joanne Birtwistle

Fungal firm raises £3m for human trials

Fungal firm raises £3m for human trials

05/05/2016Joanne Birtwistle

MSIF hails a string of successful exits

MSIF hails a string of successful exits

05/05/2016Joanne Birtwistle

Halewood says chin-chin to Liverpool Gin

Halewood says chin-chin to Liverpool Gin

04/05/2016Joanne Birtwistle

Marine firm takes space on the Wirral

Marine firm takes space on the Wirral

04/05/2016Nick Jackson

Campsite on market for £1.2m

Campsite on market for £1.2m

04/05/2016Nick Jackson

Cumbrian warehouse up for grabs

Cumbrian warehouse up for grabs

04/05/2016Nick Jackson

Town centre to get £1m makeover

Town centre to get £1m makeover

04/05/2016Nick Jackson

AO.com to move into Crossflow380

AO.com to move into Crossflow380

04/05/2016Nick Jackson

Wa-ter way to enjoy city centre canal

Wa-ter way to enjoy city centre canal

04/05/2016Nick Jackson

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