Profit jumps at MCE
Broker reveals increase in turnover for 2014.
MCE Insurance has increased its profit to £46,863 for 2014, up from £4,249 in 2013.
The motorcycle specialist broker revealed a turnover of £23.5m for the financial year ended 31 May 2014, compared with £23.13m in the preceding year.
However, the firm saw its operating profit fall to £770 in 2014 from £59,079 in 2013.
Challenges
In the directors' report MCE admitted it had faced a number of market challenges over the year, but highlighted that it had a "positive future outlook" for the company.
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