Lloyd & Whyte grows revenue in 2021
The holding company of Lloyd & Whyte has reported a 22.2% increase in turnover in 2021 as acquisitions boosted the total to £23.4m.
The filing at Companies House detailed that Lloyd & Whyte Group delivered £4.25m of pre-tax profit but the figure was inflated by profit on the sale of the Computerquote division.
The group sold the personal lines insurance policy book, previously part of Stride, to A-Plan on 22 March 2021. According to the document, the directors took the step as the Computerquote aggregator model fell outside of the group’s ‘advice-led broker’ model.
Taking out the impact of the sale, revenue from continuing
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