Circle grows turnover and profit

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Coventry-headquartered broker Circle boosted profit by a third with turnover up over 10% in its financial year ended 30 April 2022.

A filing at Companies House for the insurance broking group revealed profit after tax rose from £280,923 in 2021 to £374,611 in the most recent period.

The figures for Circle 1991 showed that turnover jumped to £8.68m at the group, ahead of the £7.87m posted in the previous year.

Circle 1991 became the holding company for Circle Insurance Services group of companies with effect from 1 May 2020.

The independent chartered broker was formed in 1991 by group chairman Tony Norcott and is also an

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