Momentum heads for profit in 2014
Network sees losses tumble in past year, Insurance Age can reveal.
Momentum Broker Solutions has reduced trading losses for 2013 to £20,000 adding that 2014 will be its first year of profitable trading.
In the previous year to 30 September 2012 the business lost £126,000 and in 2011 it lost £290,000.
The network revealed the figures for its third year of trading as it submitted its results to Companies House, the full document will be available in the coming days.
The business stated that it saw a 46% increase in revenue in the past 12 months. It posted
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