Capital Bank Cashflow Finance Limited have released their annual accounts for the year ended 28 February 2001. Turnover has fallen by 9.66% to Ј15.926million from the 2000 figure of Ј17.628million. A pre-taxation loss of Ј473,000 was recorded. This compares with the pre-taxation profit of Ј1.235 million recorded in 2000.
In spite of these less favourable results, the company’s liquidity ratio improved from 1.043 in 2000 to 1.05 and the average remuneration for employees also showed an increase on last year.
