Carole Nash reveals robust 2011 profits despite "economic squeeze"


The Altrincham-based broker said that pre-tax profits edged up to £5.93m (FY 2010: £5.86m) while turnover also crept up to £25m (FY 2010: £23.83m).

The motorcycle insurance specialist welcomed the results in what it defined as the current "sluggish economy" and highlighted that much of the UK was having to cut back on leisure pursuits amid falling disposable incomes.

"The economy has presented, and continues to present, particular challenges to the business," said chief executive David Newman.


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