Sure Thing! posts £2.1m loss for 2019

Money

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

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