Managing Director, Ian Clark, discusses company performance and future plans
The Brentwood-based company Aston Rothbury Factors Limited has recorded turnover of Ј1,986,881 for the fifteen month period ended 31 March 2001, which compares with turnover of Ј1,300,890 for the year ended 31 December 1999.
Profits before tax were also greater for the fifteen month period ended 31 March 2001 than for the previous financial year, with figures of Ј218,300 and Ј160,997 respectively.
Aston Rothbury’s managing director, Ian Clark, explained that the shift in financial year end was made in order to facilitate the alignment of taxation and payroll periods and that as seasonal variation in terms of Aston Rothbury’s performance is minimal, it would be fair to base a direct comparison of performances for the two periods in proportion to each other. Proportionately, Aston Rothbury improved its turnover by 22% in the latter period and its profit before tax by 8.47%.