Turnover grows for Stackhouse Poland

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The business bought Lucas Fettes in 2016.

High net worth broker Stackhouse Poland has reported increased revenue and profits for the year ending 31 December 2016.

Results posted to Companies House showed that turnover grew to £19.1m from £16.4m in 2015. Profit after tax was £1.5m (2015: £1.4m).

However costs were up to £11.4m (2015: £9.5m) and operating profit actually fell to £1.4m from £1.6m. A tax income of £139,000 pushed the business into higher profits than the previous year.

Staff
The results also noted that the average number

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