Atlas Trade Finance Limited have released an abbreviated set of accounts for the year ended 31 May 2000. The results show that the company’s net current assets have risen from Ј2,555 in the year ended May 31 1999 to Ј23,458.
NMB-Heller Ltd today released their annual accounts for the year ended 31 December 2000. Turnover has risen by 23.19% to Ј37,433,000 from the 1999 figure of Ј30,389,000.
DCD Factors PLC today released their annual accounts for the year ended 31 December 2000. Turnover has risen by 50.06% to Ј744,718 from the 1999 figure of Ј496,287.
The Bank of England has published the eighth edition of its ‘Finance for Small Firms’ report. The executive summary presents the following findings:
Borrowing by small businesses rose by an underlying Ј1.0 billion (+3%) in the final quarter of last year. This was higher than the previous quarters rise and bought total lending to Ј38.9 billion at the end of the year.
Cattles plc (formerly Reedham Factors) has announced that it intends to place an additional 14 million shares at a minimum price of 265 pence per share in order to continue the expansion of its consumer credit and corporate services divisions.
Recording a level of 52.1 in February, the seasonally adjusted Purchasing Managers’ Index (a composite index designed to provide an overall view of the manufacturing economy) signalled manufacturing growth for the fourth successive month.
Rumours have emerged that the Singer & Friedlander Group, owners of Singer & Friedlander Factors Ltd, are about to succumb to a takeover bid worth Ј750million, unless it can secure rapid success with its plan to spend Ј400million on fund manager a
The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 5.75%. The minutes of the meeting will be published at 9.30 am on Wednesday 21 March.
