Maxi Caledonian Ltd has posted a rise in pre-tax profits from £4 million to more than £4.3m and an increase in turnover from £80m to over £89m, in its 2022 financial results, showing resilience in a challenging business environment.
Annual Results
Scottish home furnishings retailer, Gillies of Broughty Ferry, has reported a notable increase in sales, achieving a turnover of £24.5 million for the financial year ending 31 August 2022.
Anne Boden, the founder of Starling Bank, is to step down from her role as CEO, effective from 30 June, transitioning to a non-executive role on the board. John Mountain, the current COO, will assume interim CEO responsibilities, steering the digital bank into its forthcoming growth phase.
Perth-based power generator and network operator, SSE, has revealed a near doubling of annual profits, driven by surging energy prices which fuelled a boom for its gas-fired power plants.
Engineering firm, Brimmond, is celebrating a record financial year, having realised a turnover of £6.5 million, marking a 10% increase from the prior year. Now, the firm forecasts a promising £10 million turnover for the 2023/2024 fiscal year.
In a significant turnaround, the Port of Aberdeen has reported a return to pre-pandemic activity levels in 2022, a year ahead of predictions.
Scotmid Co-op has reported a solid financial performance despite a challenging year, with its trading profit amounting to £3 million, £2.7m down from the previous year.
Grant Thornton UK has reported a 12% increase in revenue to £610 million in 2022, up from £543m the previous year. Pre-tax profits rose by only 5% to £121m due to increased costs. The firm opted to invest in pay rises, promotions, and hiring a record number of school-leavers amid i
Hampden & Co delivered its first full year profit in 2022, driven by strong income growth and client service. Total income for the year was £23 million, up 73% year-on-year, with the bank posting a pre-tax profit of £2.0m. Post-tax, reflecting a deferred tax credit, the bank achieved
Insurance broker Bruce Stevenson reported a 30% increase in turnover to £11.7 million and a 33% profit increase to £3.9m for the year ending February 28, 2023. Growth was driven by various specialist areas and new sectors, including life sciences, technology, and risk management.
Robertson Group, a family-owned construction, development and support services business, has reported a revenue of £616 million for the 12 months to 30 June 2022, up from £588m in the previous year. The company's profit before tax was £20.5m, up 21.3% from the previous year's &poun
Artisanal Spirits Company (ASC), owner of The Scotch Malt Whisky Society (SMWS), reported better-than-expected financial results for the year ended 31 December 2022.
AG Barr, the manufacturer of Irn-Bru, has announced that Robin Barr will leave the board after 58 years. Mr Barr has been with the business for 62 years and served as chairman for 31 years. He will not seek re-election at the company's AGM in May.
Lyon & Turnbull, the Edinburgh-based auction house, reported a profit of £2.43 million for the year ended 31 July 2022, up from £1.73m the previous year, as turnover surged 22.8% to more than £8m. Managing director Gavin Strang attributed the growth to the company's expansion,
Unity Trust Bank has announced its annual results for 2022, with nearly half (43%) of new lending being made to organisations based in areas of high deprivation. The financial strength of Unity was illustrated during 2022 with a further increase in lending, profitability and customers.