Thomas Carroll turnover nears £12m


Thomas Carroll Group has reported rising profits for the year ended 31 December 2020, with revenue nearing £12m and its client retention rate hitting 96%.

According to a filing on Companies House, the broker’s pre-tax profit increased to £1.9m in 2020, up from £1.7m in 2019.

Moreover, its gross profit hit nearly £11.3m in 2020 (2019: £10.8m), and turnover also increased by 4% to £11.7m, compared to £11.2m in the preceding year.

The insurance broking division also reported a rise in operating

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