TH March reports falling profits

TH March has reported a reduction in profit before tax and steady turnover, which went up 1%, for the year ended 31 March 2019.

The specialist jewellery broker posted a pre-tax profit of £51,000 in 2019, compared to £134,000 in the preceding year.

In addition, the document, which was published on Companies House, showed that the broker’s operating profit had decreased to £79,000 from £216,000 in 2018.

However, the business detailed that its results had been impacted by an exceptional item of