Complete Cover Group suffers fall in turnover and profit in 2017

redundant redundancy job loss leaving

Group hit by a one-off redundancy cost of £259,000 after 60 people lost their jobs.

Surrey-based Complete Cover Group saw a fall in both turnover and profit in the year ended 31 December 2017, according to figures filed at Companies House.

The group which focuses on car, van, home and taxi insurance saw a 10% drop in turnover to £19.55m for the year compared to £21.66m previously.

In addition, the accounts revealed a post-tax loss of £918,000 in 2017 compared with a loss of £812,000 in 2016.

The broker also posted an operating loss of £900,000 on broking activities before

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