Skyscanner: Profit jumps to almost £100m at travel search engine October 14, 2024 Profit at travel search engine Skyscanner has rocketed to almost £100m thanks to the final Covid-19 restrictions coming to an end. The Edinburgh-headquartered business has reported a pre-tax profit of £95.2m for 2023, up from the £31.5m it achieved in 2022. Newly-filed accounts with Companies House also show its revenue rose from £283.8m to £349.4m [...]
Butlin’s: Price changes fail to stop holiday resort chain entering the red October 14, 2024 Holiday resort chain Butlin’s entered the red in the year after it was sold for £300m despite changing its pricing strategy, it has been revealed. The company has posted a pre-tax loss of £24.4m for 2023, according to newly-filed accounts with Companies House. The loss comes after the business, which runs sites in Bognor Regis, [...]
Sipsmith: Sales at gin maker fall for fifth year in a row October 14, 2024 Sales at gin maker Sipsmith have fallen for a fifth year in a row as it continues in the red. The London-based brand has reported a turnover of £14.2m for 2023 and a pre-tax loss of £17.2m, according to newly-filed accounts with Companies House. The new totals come after Sipsmith posted a turnover of £18.2m [...]
Aga Rangemaster cuts almost 200 jobs as sales cool October 14, 2024 Aga Rangemaster has blamed “a difficult year” and “challenging market conditions” as it cut almost 200 jobs in 2023. The company, which is headquartered near Nottingham, reduced its headcount in the year to 30 December, 2023, from 836 to 660. The latest total comes after the business had employed 907 people at the end of [...]
Wren Kitchens owner sheds 1,000 jobs as profit slumps after Ebuyer sale October 14, 2024 Profit at the group behind Wren Kitchens slumped to its lowest level since 2017 as its sales fell back from a record high and it shed 1,000 jobs. The West Retail Group, which is headquartered in Yorkshire, has reported a pre-tax profit of £35.1m for 2023, according to newly-filed accounts with Companies House. The total [...]
Pathé switches to high-end TV drama as loss continues despite Sir Michael Caine swan song October 14, 2024 The UK arm of movie maker Pathé remains in the red despite releasing the final film featuring Sir Michael Caine amid its switch to high-end TV drama. Pathé Entertainment, which is headquartered in London, has reported a pre-tax loss of £4.8m for 2023, according to newly-filed accounts with Companies House. The loss comes after the [...]
Barbenheimer fails to drag Showcase Cinemas owner out of the red October 14, 2024 The popularity of films such as Barbie and Oppenheimer failed to drag the company behind Showcase Cinemas out of the red despite boosting its sales, it has been revealed. The UK arm of National Amusements has reported a pre-tax loss of £13m for the year to 4 January, 2024, according to newly-filed accounts with Companies [...]
Giggling Squid laughs all the way to the bank as Thai restaurant chain returns to profit October 14, 2024 Thai restaurant chain Giggling Squid returned to profit during its latest financial year as it sales hit another record. The Guildford-headquartered company has reported a pre-tax profit of £1.5m for the 12 months to 31 March, 2024. The new total comes after the business fell to a pre-tax loss of £1.9m in the prior year. [...]
Sharkninja: UK’s love affair with air fryers helps brand serve up bumper profit October 14, 2024 The UK’s continued love affair with air fryers helped the European arm of Sharkninja surge back into the black as its sales jumped by over £300m. The Leeds-headquartered division has reported a pre-tax profit of £81.5m for 2023, having made a pre-tax loss of £19.7m in 2022. The last time Sharkninja reported a pre-tax profit [...]
Taco Bell returns to profit ahead of administration woe October 11, 2024 The UK and European arm of Taco Bell returned to profit in 2023 ahead of one of its franchise partners entering administration. The Surrey-headquartered division has reported a pre-tax profit of $2.2m (£1.6m) for 2023. The total comes after Tac Bell reported a pre-tax loss of $1.8m (£1.3m) for 2022. Newly-filed accounts with Companies House [...]
