News blog

John Lewis of Hungerford

  • BY: Andrew Hore |
  • POSTED: 19/03/2019 |

Fitted kitchens supplier John Lewis of Hungerford is starting to see the benefits of past investment in the form of higher levels of customer enquiries, but it has not fed through to revenues yet. 

In the six months to December 2018, revenues fell from £4.75m to £3.67mand the company swung from a pre-tax profit of £238,000 to a loss of £335,000, even though overheads were reduced. This was still an improvement on the six months to June 2018.

Trade debtors were higher, and cash was £479,000 at the end of 2018, although that was offset by loans of £535,000.

Management believes that it could recover the interim loss in the second half. Sales and the forward order book for the second half total £5m, including further development of the bedrooms business. Price increases are being put into effect from 1 July. 

© 2020 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

Quoted Micro 20 January 2020

Continue reading... | 19/01/2020

Northern Bear

Building services provider Northern Bear has acquired electrical contractor J Lister for an initial £950,000 in cash and shares. 

Continue reading... | 19/01/2020

SimiGon Ltd

A shareholder has filed two legal claims against simulation technology company SimiGon Ltd. 

Continue reading... | 19/01/2020

UniVision Engineering Ltd

UniVison Engineering Ltd has signed a framework agreement with the China Railway Engineering (Hong Kong) and China Railway Wuhan Electrification Engineering joint venture. 

Continue reading... | 19/01/2020

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds