Cattles Plc. has released its annual report and financial statement for the year ended 31 December 2001. The Corporate Division of the company, which includes Cattles Invoice Finance and Cattles Invoice Finance (Oxford) Limited, reported profits of Ј4 million.
The individual financial statement for Cattles Invoice Finance (Oxford) Limited showed a 24.4% increase in turnover from Ј3.47 million at year ended 31 December 2000 to Ј4.32 million at year ended 31 December 2001. Profit grew by 19% to Ј3.045 million from Ј2.56 million for the previous financial year.
Cattles Invoice Finance Limited in Manchester also recorded an increase in profit. Profit grew 109% to Ј2.544 million for year ended 31 December 2001 compared with the figure Ј1.22 million for the year ended 31 December 2000.
Both offices offer financial solutions for small- to medium-sized companies throughout the UK.
