Lycetts continues growth trajectory
Lycetts has grown its turnover to £23.5m for the full year 2021 from £22.4m in 2020 according to documents filed on Companies House.
Profit before tax reached £2.7m, up from 2020’s reported figure of £1.1m. Profit overall for the financial year was £2.2m (2020: £812,000).
The figures follow a number of profitable years for the broker, which is owned by Ecclesiastical parent Benefact Group. In 2019 the business returned to profit and in 2021 set a target of tripling its profits.
Directors noted: “Continued investment in our people – through training, sponsorship and qualification programmes – and in our operations and
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