Thomas Carroll grows profit and revenue in 2021
Thomas Carroll achieved turnover of £12.9m for the full year 2021, an uptick of 10.6% on the £11.7m in reported in 2020.
Operating profit also grew to £2.1m from £1.9m the previous year.
Companies House documents showed that profit after tax was £1.7m (2020: £1.5m).
Its insurance broking operation contributed most revenue at £10.4m (2020: £9.3m) while its independent financial advice division added £1.3m, mirroring 2020 performance. Its health and safety and employment segment contributed £1.3m in revenue, up from £1.0m in 2020.
The business maintained its client retention rate of 96%.
The results document
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