Fields parent company sees rise in revenues and expenses last year
The company reduced its net debt from £43 million to £33 million during the year
The company behind Fields jewellers, Anthony Nicholas, saw revenues rise from £100.6 million to £106.2 million in 2017.
However, the company’s expenses also rose during the year – from £96.7 million to £103.7 million – meaning its pre-tax profit fell from £3.2 million to £1.9 million.
The company’s accounts do not break out its revenue by region, though accounts for its British subsidiary Fraser Hart show that the company had turnover of around £80.8...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures