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Year Ending March 2008
The reduction in sales compared with previous years was due entirely to sold or discontinued businesses (Defence and Burton) dropping out of the figures.
Performance from the remaining core businesses in Leeds (one plant) and Sheffield (two plants) was robust. All plants produced increased sales and profits, and cash generation was excellent.
Once again, I extend my thanks to all those who by their hard work contribute to our continued success.
Andrew Cook
December 2008
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Year Ended |
Year Ended |
Year Ended |
Year Ended |
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29th March 2008 £000 |
31st March 2007 £000 |
1st April 2006 £000 |
2nd April 2005 £000 |
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| TURNOVER |
58,845 |
74,479 |
86,849 |
98,169 |
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| NET ASSETS |
31,522 |
26,087 |
11,957 |
(1,264) |
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| SHAREHOLDERS' INVESTMENT |
18,957 |
18,957 |
18,957 |
18,957 |
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| NOTE: |
| The financial information set out above does not constitute the Company's statutory accounts but is derived from those accounts. Statutory accounts for the years ended 31st March 2007, 1st April 2006 and 2nd April 2005 have been delivered to the Registrar of Companies. The auditors have reported on these accounts; their reports were unqualified and did not contain a statement under section 237(2) or (3) of the Companies Act 1985. |
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