Sure Thing! posts £2.1m loss for 2019
Losses went down for the motor provider in final full year results ahead of Policy Expert buying the broker in June 2019.
Sure Thing! results for 2019 have shown decreasing losses for the brand.
The numbers, covering the year ending 31 March 2019, showed a loss of £2.1m. In 2018, losses hit £2.4m.
Sure Thing! has now posted losses for five years in a row.
Turnover for the broker also fell slightly from £6.7m in 2018 to £6.4m last year.
Operating losses were reduced to £111,000 from £1.9m in 2018.
In a results document, directors stated that “losses have been budgeted for in the company’s infancy”.
Gross
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Aviva to open branches in Chelmsford and Southampton
- Pen inks £150m social housing capacity deal with SiriusPoint