Moorhouse post-tax profit more than doubles in 2015
However the firm sees cash balances fall from £2.1m to £1.6m following payments to the FCA and HMRC.
Moorhouse has reported increased profit after tax of £443,146 for the year ending 30 September 2015, up on the £179,212 in the previous year.
Revenue fell slightly from £7.94m to £7.77m and expenses reduced from £1.79m in 2014 to £1.46m in 2015.
However the broker noted that its cash balances dropped to £1.31m from £2.16m due to Financial Authority (FCA) fines and a payment to HMRC.
In April 2015 the regulator fined Moorhouse Group £159,300 for failures in relation to the oversight and control
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