Turnover and profit slip for Arron Banks-owned Somerset Bridge
Profit for the business, formerly known as Eldon, slipped to £5.0m from £6.4m the previous year.
Somerset Bridge has recorded a profit slip for the full year 2019 according to documents posted to Companies House.
Turnover went down to £86.5m from £87.9 in 2019 and profit before tax dropped to £5.0m (2018: £6.4m).
The filing detailed that £67.4m of turnover was contributed from its broking operations while £19m came from its claims handling business. These figures were broadly in line with what it reported in 2018.
The document also showed that the highest paid director at the
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