Ultimate Finance Group interim results – turnover up 336%


The Ultimate Finance Group has released its interim results1 for the six months ended 31 December 2003, which show a marked improvement over last year's interim performance. Loss before and after tax was reduced by 62% to Ј166,000 (2002: Ј440,000).

Turnover increased by 336% to Ј554,000 (2002: Ј127,000) while client turnover increased by Ј12.9m to Ј17.5m (2002: Ј4.6m). Ultimate report that the client base is growing rapidly and totalled 81 at 31 December 2003 (31 December 2002: 25 clients) with advances of Ј3.4 million.



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Posted on Apr 1, 2004
Region: UK