PracticeAccounting FirmsNumerica unveils poor results

Numerica unveils poor results

Numerica has posted a loss of £4.2m after goodwill, amortisation and exceptional items, a worsening of last year's £1m loss.

Link: Numerica launches radical revamp

However, the loss is just £300,000 before goodwill and amortisation. Turnover improved from £45.2m to £46.6m.

Numerica also announced the appointment of Adrian Colman as group finance director, to succeed Peter Jenkins, who moved up to the chief executive role in March 2004.

Peter Jenkins, Numerica chief executive, said: ‘This has been a difficult year for Numerica. We have responded by significantly reducing our cost base, changing the composition and focus of our management team and restructuring the group.’

Related Articles

BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

3d Alia Shoaib, Reporter
Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

Accounting Firms Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

5d Philip Smith, Reporter
Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

Accounting Firms Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

7d Emma Smith, Managing Editor
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

2w Alia Shoaib, Reporter
Taylorcocks announces merger with Surrey firm

Accounting Firms Taylorcocks announces merger with Surrey firm

2w Emma Smith, Managing Editor
Kingston Smith reports 7% gender pay gap

Accounting Firms Kingston Smith reports 7% gender pay gap

2w Emma Smith, Managing Editor
RSM announces two partner promotions

Accounting Firms RSM announces two partner promotions

2w Emma Smith, Managing Editor
Backsourcing: The latest accountancy trend?

Accounting Firms Backsourcing: The latest accountancy trend?

1m Pillsbury Winthrop Shaw Pittman