Financial Performance
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Financial Reports:
Key Financial Data
(i) Consolidated P&L Account
| £000's | FY07 | FY06 | FY05 |
| Turnover | 16,274 | 14,175 | 13,185 |
| Gross Profit | 11,646 | 9,923 | 9,412 |
| Gross Profit % | 71.6% | 70% | 71.4% |
| Administrative costs before goodwill and exceptional items | (9,566) | (8,759) | (8,596) |
| Operating profit | 2,080 | 1,164 | 816 |
| Exceptional items | --- | 198 | (718) |
| Goodwill amortisation | --- | --- | (216) |
| Operating profit / (loss) | 2,080 | 1,362 | (118) |
(ii) Balance Sheet
| £000's | FY07 | FY06 | FY05 |
| Goodwill | 6,291 | 4,390 | 3,793 |
| Tangible and other intangible assets | 1,957 | 1,536 | 681 |
| 8,248 | 5,926 | 4,474 | |
| Working capital | (2351) | (1486) | (497) |
| Cash | 3,053 | 2,320 | 1,806 |
| 702 | 834 | 1,309 | |
| Provisions and non-current liabilities | (1,022) | (667) | (1,278) |
| Pension liabilities | (190) | (1,381) | (1,269) |
| 7,738 | 4,712 | 3,236 | |
| Share capital | 551 | 526 | 524 |
| Share premium / special reserve | 2,919 | 2,814 | 2,998 |
| Profit and loss account | 3,967 | 1,103 | (507) |
| Minority interests | 301 | 269 | 221 |
| 7,738 | 4,712 | 3,236 |
(iii) Cash Flow
| £000's | FY07 | FY06 | FY05 |
| Operating profit | 2,120 | 1,330 | 816 |
| Exceptional items | --- | --- | (718) |
| Depreciation + amortisation | 411 | 218 | 173 |
| Working capital movement | (663) | (67) | (32) |
| Operating cash flow | 1,868 | 1,481 | 239 |
| Capital expenditure | (163) | (458) | (683) |
| Acquisitions | (729) | (313) | (190) |
| Interest and tax | 12 | (14) | 52 |
| New shares issued | (95) | (182) | 43 |
| Dividend Paid | (160) | --- | --- |
| Exchange rate movements | --- | --- | (4) |
| Decrease / Increase in cash | 733 | 514 | (543) |
| Opening cash | 2,320 | 1,806 | 2,349 |
| Closing cash | 3,053 | 2,320 | 1,806 |