NCI posts record profits
Profit before tax grows to £1.2m as board confident of further growth despite challenging motor market.
NCI saw an increase in profit before tax, up from £974,486 in 2013 to £1.2m for the year ended 31 March 2014.
Turnover also grew from £6.6m to £8.3m. Commissions and fees also rose, increasing 25.3% to £8.3m from £6.6m.
Neil Richards-Smith, CEO commented: "We are pleased with the performance of the group over the last twelve months, despite turbulence in certain segments of the market.
"NCI has successfully grown turnover and profits before tax by 25.3% and 28% respectively, which represent
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