Audible: UK’s love for original content helps double profit October 3, 2024 Profit at the UK arm of audiobook and podcast giant Audible, which is owned by Amazon, doubled during its latest financial year, it has been revealed. The London-headquartered division has posted a pre-tax profit of £29m for 2023, up from the £14.7m it achieved in 2022. Newly-filed accounts with Companies House also show that Audible’s UK turnover [...]
Profit slashed at Britain’s Got Talent maker Fremantle October 3, 2024 Profit was slashed at the UK arm of Fremantle, which makes shows such as Britain’s Got Talent during its latest financial year, it has been revealed. The London-headquartered division has reported a pre-tax profit of £9.4m for 2023, down from the £22.9m it achieved in 2022. Newly-filed accounts with Companies House also show its turnover [...]
Payday for Artemis partners despite £1.4bn drop in assets October 2, 2024 Partners at Artemis Investment Management received a whopping £56.8m payout for 2023 despite a drop in profit and assets under management at the fund house. The firm, which has 27 partners, suffered a six per cent slide in assets under management to £23.3bn last year, down from £24.7bn, according to accounts filed with Companies House. [...]
Is the UK rail industry getting back on track? October 2, 2024 With no more strike action and reform well-underway, the signs are looking positive of the UK's railway industry.
Adidas looks to Euro 2024 and Olympic success as UK sales suffer £100m drop October 2, 2024 Sales at the UK arm of Adidas suffered a fall of more than £100m during its latest financial year despite growth in its own retail stores. The division, which is headquartered in Stockport, has posted a turnover of £1.15bn for 2023, down from the £1.23bn it achieved in 2022. In newly-filed accounts with Companies House, [...]
007: Road to a Million maker not shaken from takeover as profit surges October 2, 2024 Profit at the maker of shows including 007: Road to a Million surged during its latest financial period despite its revenue being slashed. London-based 72 Films, which is part of the Fremantlemedia Group, has reported a pre-tax profit of £4.7m for the nine months to the end of 2023, according to newly-filed accounts with Companies House. [...]
Etsy: UK sales surge to post-pandemic high October 2, 2024 Sales at the UK arm of online marketplace Etsy have surged back to almost the heights it enjoyed during the Covid-19 pandemic. The London-headquartered division has reported a turnover of £9m for 2023, up from the £3.8m it posted in 2022, according to newly-filed accounts with Companies House. The latest figure comes after Etsy UK’s [...]
Gary Neville and Ryan Giggs-owned Hotel Football still in the red despite record sales October 1, 2024 Hotel Football, which is co-owned by Gary Neville and Ryan Giggs, remains in the red despite achieving a record year. The hotel, which is located in the shadow of Manchester United’s Old Trafford stadium, has reported a pre-tax loss of £601,030 for 2023 after also making a loss of £630,158 in 2022. The loss comes [...]
How Nokia’s UK arm is bucking the trend of falling sales October 1, 2024 The UK arm of Nokia has bucked the trend set by its parent company by reporting a rise in both its sales and profit for its latest financial year. The division, which is based near Bristol, has reported a turnover of £448.9m for 2023, up from the £441.2m it posted for 2022. Newly-filed accounts with [...]
Autoglass owner’s profit more than doubles as sales accelerate October 1, 2024 Profit surged by 120 per cent at the owner of Autoglass as its sales jumped to almost £500m during its latest financial year. Belron International, which is headquartered in Surrey, has reported a pre-tax profit of £336.8m for 2023, up from the £155.3m it achieved in 2022.Belron International Newly-filed accounts with Companies House also show [...]