One Call profits up but turnover down in 2024
Doncaster-headquartered One Call Insurance Services grew pre-tax profit by 2.2% in 2024 to £22.51m, despite turnover falling.
The Top 100 UK Broker’s turnover dropped 9% year-on-year to £59.26m.
RelatedTop 100 UK Brokers 2024: Directory – £60m – £75m One Call posts turnover growth as tax and interest bite in 2023The 2023 results were hit by a bill of £8.48m for interest on overdue tax relating to “the recognition of a historic tax settlement” and an extra £10.35m tax payment adjusting “in respect of previous periods”.
These impacted the 2023 bottom line, trimming profit after tax to £6.45m.
The factors did not repeat in
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