ISIS Factors, the London Scottish Bank owned factoring company, has reported a pre-tax profit of Ј937,913 in their annual accounts for the year ended 31 October 2002. This is a reduction of 7.68% compared to the Ј1,015,944 pre-tax profit reported for the same period in 2001.
The 2001 profit figure exceeded Ј1 million after three years of annual profits below Ј900,000
The Reading-based company has provided factoring facilities to small- and medium-sized UK-based businesses since 1991.
For details of ISIS Factors and other UK factors go to UK in Depth and navigate to Factors’ Details and Analysis section
Source: BCR
