County says profits trebled in 2004

The County Mortgage Group, which owns c2-financial and c2-secured, says group pre-tax profits trebled during 2004 to just over 300,000.

The company says the increase is especially good news as it has invested heavily during that time in technology and larger premises.

David Wylie, managing director of c2, says: “Although we are obviously not yet in a position to release figures for 2005 it is safe to say that, based on interim figures covering the first three quarters of the year, we are once again going to see a three-figure increase in growth in profitability.

“This is being achieved through close attention to costs and also because the group is seeing a return on its investment in the business during 2003-2004.”