Turnover down for Glen Care

Revenues fell by 12% for complex care provider Glen Care in the year ended 31 July 2014 from £2.8m to £2.5m. Taking into account cost of sales of £1.6m (2013: £1.7m) and administrative expenses of £0.6m (2013: £0.5m), the business made an operating profit of £0.2m (2013: £0.6m). After deducting £3,000 in mortgage interest (2013: £15,500), Glen Care made a pre-tax profit of £225,000 (2013: £552,000).

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