Our financial strategy focuses on strong balance sheet and cash generation.
We ensure prudent investment in our products and services in line with the prevailing market conditions.
| Financial performance | 2023 | 2022 | 2021 | 2020 | 2019 |
| 12m to Dec | 12m to Dec | 12m to Dec | 12m to Dec | 12m to Dec | |
| Results £’000 | (as reported) | (as reported) | (as reported) | (as reported) | (restated) |
| Revenue | |||||
| Operating profit | 28,006 | 26,566 | 27,344 | 25,232 | 25,398 |
| Gain on business disposal | 152 | – | – | – | – |
| Net finance income/(costs) | 62 | (39) | (173) | (262) | (339) |
| Profit before taxation | 3,417 | 2,944 | 3,926 | 3,889 | 3,473 |
| Taxation | (762) | (549) | (1,195) | (726) | (772) |
| Profit after taxation | 2,655 | 2,395 | 2,731 | 3,163 | 2,701 |
| Adjusted EBITDA (continuing operations) | 6,076 | 5,401 | 7,251 | 7,003 | 6,302 |
| Operating cash flow | 6,395 | 6,273 | 7,724 | 8,138 | 6,669 |
| Non-current assets | 29,695 | 24,203 | 24,657 | 25,901 | 25,740 |
| Current assets less current liabilities | 1,008 | 4,665 | 2,556 | 1,798 | (187) |
| Working capital | 16,281 | 17,388 | 14,564 | 6,606 | 5,066 |
| Net cash/ (bank borrowings) | 10,903 | 12,538 | 9,954 | 6,154 | 1,101 |
| Shareholders equity | 27,359 | 25,842 | 23,846 | 21,524 | 17,924 |
| Ratios | |||||
| Net cash / (borrowings) % shareholders equity | 40% | 49% | 42% | 29% | 6% |
| Current assets/current liabilities | 1.07 | 1.37 | 1.21 | 1.14 | 0.98 |
| per Ordinary Share (pence) | |||||
| Basic earnings per share (continuing operations) | 3.2p | 2.9p | 3.3p | 3.9p | 3.3p |
| Net assets per share | 32.9p | 31.4p | 28.7p | 26.1p | 21.8p |
| Final dividend per share | 0.55p | 0.50p | 0.40p | 0.40p | 0.30p |