Clear reports increased turnover in 2020 results
The broker says the business plans to continue to develop its expertise in areas such as property and construction as well as expanding into new markets.
Clear Group has reported its financial results for the year ended 31 October 2020, revealing a turnover of £19.3m, an increase over the previous year (2019: £18.2m).
According to a filing on Companies House, the broker’s pre-tax profit stayed constant at £2m. However, its operating profit saw a slight increase to £1.96m in 2020 (2019: £1.93m). Additionally, its administrative expenses hit £17.3m in 2020, up £1m from the previous year (2019: £16.3m).
Overall, the broker saw a profit for the
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