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Return to profits at city's oldest company

12th May 2011

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Fiona Toye, chief executive of Toye, Kenning & Spencer

Fiona Toye, chief executive of Toye, Kenning & Spencer

TOYE & CO, which runs one of Birmingham’s oldest businesses making badges and regalia in the Jewellery Quarter, stemmed losses in 2010 following a drive to cut costs and increase exports.

Turnover at the owners of Toye, Kenning & Spencer for the year ended December 31, 2010, amounted to £8.5m compared to £8.2m for the previous year, an increase of 3.1%. It posted a profit of £100,146, compared to a loss of £186,478 in 2009, after charging interest payable and stock write downs. &nb......for the full story register now for free or login below...


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