Turnover and profit up at Romero
Leeds-based business says it is one year into its five-year goal to double in size as it aims to become the UK's largest independent broker.
Romero Insurance Brokers has reported a rise in turnover to £10.55m for the year ended 30 April 2020, up from £8.67m in the preceding year.
According to a filing on Companies House, the Leeds-headquartered broker also posted an increase in pre-tax profit to £2.50m, compared to £1.75m in 2019.
Overall profit for the financial year was £1.99m, up from £1.39m in the year to 30 April 2019.
In a statement shared with the media in February, Romero Group further reported a 20.15% growth in
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