Potential Finance Ltd’s financial report for the year ended 30 September 2003 shows that the company is beginning to make a profit.
Turnover has increased by 52 per cent to Ј3.24m compared with Ј2.13m for the year ended 30 September 2001. Total profit for the year ended 30 September 2002 stood at Ј173,409.
In his Chairman’s report, on Potential Finance’s website, Mr Frank Lafford says: “As we have previously stated, our aim is steady sustained growth, with an emphasis on risk management…the market for new clients is extremely competitive, but we continue to work hard at increasing our client base, while maintaining our stringent approval parameters.”
