Metropolitan Factors Ltd, the West Sussex based factoring company, have enjoyed good health, financially speaking, in the year ended 31 December 2000. Turnover rose by 28.13% from the 1999 figure of Ј1,536,453 to Ј1,963,601. Profit before tax rose by an impressive 330% to Ј483,775 which compares with the 1999 figure of Ј112,514. The size of the workforce increased by 25% during 2000, the first increase in the average number of employees recorded since 1996. The size of Metropolitan’s client base also increased by roughly 25% from 80 to over 100.
