Moorhouse sees soaring profit

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Broker reports increasing profits, but a drop in turnover for 2014.

Moorhouse Group has reported a profit of £179,212, according to its financial statements for the year ended 30 September 2014 released to Companies House.

This is an increase from £32,323 in the previous year and the group also reported a profit before tax of £281,511, compared to £84,424 in 2013.

Turnover for 2014 was £7.9m, which is a drop from the £8.6m turnover reported in 2013.

Meanwhile the company's operating profit for 2014 was £227,053, compared to a loss of £11,917 in the preceding

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