Turnover shoots up to £77.6m for Eldon
The company said investment in its brokerage brands, such as Go Skippy, helped with the 64.1% increase as expenses rise in-line with income spike.
Eldon Insurance, parent company of broking brand Go Skippy, has reported a spike in turnover to £77.6m for the year ending 31 December 2017.
This is a 64.1% rise on the £47.3m delivered in 2016 by Eldon, which found itself at the centre of flotation rumours in 2017.
Expenses increased in-line with turnover hitting £75.2m (2016: £47.0m).
Profit before tax went up to £2.5m from £165,000 in the previous year.
Investment
In a report posted to Companies House the organisation said the numbers
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