Thomas Carroll turnover nears £12m
The Welsh broker has reported an overall increase in profits as CEO Rhys Thomas highlights the importance of investing in the company’s team.
Thomas Carroll Group has reported rising profits for the year ended 31 December 2020, with revenue nearing £12m and its client retention rate hitting 96%.
According to a filing on Companies House, the broker’s pre-tax profit increased to £1.9m in 2020, up from £1.7m in 2019.
Moreover, its gross profit hit nearly £11.3m in 2020 (2019: £10.8m), and turnover also increased by 4% to £11.7m, compared to £11.2m in the preceding year.
The insurance broking division also reported a rise in operating
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