Turnover up but post-tax profit slips at MCE

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Broker grew its headcount in 2015.

MCE Insurance has reported turnover of £24.41m for the year ended 31 May 2015, up 4% from the £23.5m achieved the year before.

According to a document filed at Companies House, the motorcycle specialist broker also saw a rise in operating profit to £30,758 (2014: £770).

However, profit after tax slipped to £37,893 down from £46,863 in the previous 12 months.

Over the period the firm grew its headcount.

The average monthly number of employees grew from 252 in 2014 to 271 in 2015.

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