Thomas Carroll grows turnover and profit in inaugural EOT year
Thomas Carroll Group boosted turnover by 7.1% to £15.61m in 2024, with profits also rising in its full first year as an employee ownership trust.
Profits hit £2.1m at the Caerphilly-headquartered business.
The group, which spans a Top 100 UK Broker, risk and wealth management offerings as well as insurtech TCI Futures, acknowledged the year-on-year profit rise was helped by an exceptional, non-recurring tax credit which it received as a result of its transition into employee ownership.
RelatedTop 100 UK Brokers 2024: Full table listing Thomas Carroll launches insurtech start-up TCi Futures Thomas Carroll posts revenue growth in landmarkOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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