JP Group Financials

 In the year to 28th February 2009 the Company had an excellent year with increased sales and a return to profitability. There was also significant strengthening of the balance sheet with net assets increasing by £683k.

We are forecasting that this improvement will carry forward into the current year as the company continues to develop its customer base and improve efficiency.

£’000

Y/E 28/02/07
Actual

Y/E 29/02/08
Actual

Y/E 28/02/09
Actual

Change on prior year

Turnover

19,126

19,435

20,690

+ 6%

Operating Profit/(Loss)

630

(953)

376

£1.3m improvement

Net Assets

1,477

490

1,173

+ 139%

The statutory accounts for year ended 28th February 2009 were filed with Companies House on 21/05/09.