View more on these topics

C2 reports leap in sales

County Mortgage Group, the company which owns c2-financial and c2 secured, has today revealed a huge leap in turnover for the year ending September 2005 of just over 46%.

The company’s turnover now stands at just over 6m and this news comes on top of its recent announcement that profits trebled during its financial year to September 2004, to just over 300,000.

Although not yet in a position to publish any profit figures for the current year, the company is confident that there will be a three-figure increase in profits.

David Wylie, managing director at c2, says: “We are now reaping the benefits of a sustained period of investment in our brand and operations, and this growth in turnover is proof that our proposition to the market place is very attractive to our customers.

“We are particularly excited by this growth in turnover because we have been so successful in driving down costs over the past two years – that is why we are expecting to see a very significant surge in profits when our accounts are ready for publication.”

Recommended

Dear Delia

I am advising a young couple who are looking to buy their first home in the next couple of months.

Vesta calls for cold calling crackdown

Vesta Packaging is calling on the Financial Services Authority to crackdown on cold calling, which it says is still a big problem. Cold calls from companies selling mortgages are still a big problem, despite the ban on them imposed by the FSA, says Mark Leaper, managing director at Vesta Money and Vesta Packaging. Leaper says […]

Coulson case settled on commercial terms

Legal proceedings between Openwork and Zurich against Home of Choice, Richard Coulson and Gerry O’Brien have been settled today on commercial terms.The legally binding commitments and promises given by Home of Choice to the court in July 2005 will continue for set periods.The terms of the settlement are confidential.None of the parties are able to […]

Single life can be bad financial news

A recent report from Unilever paints a picture of the singleton society we seem to be becoming. With predictions including one-third of all households will consist of one person by 2021, it seems more and more people are choosing to live alone.

Newsletter

News and expert analysis straight to your inbox

Sign up