Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Fish returns to profit

Nottingham contractor Thomas Fish has bounced back from a near £2 million loss in 2006 to return to the black.

Figures released to Companies House show the company recorded a £178,000 pre-tax profit in the year to September 2007 after a £1.8 million loss last time.

Staff numbers tumbled by one third to just under 100 as the contractor restructured to get back into profit. Turnover also fell significantly, halving to £27 million.

Contracting forms the single biggest slice of the business but the company also carries out FM work across the East Midlands.

In a statement accompanying the results, the firm added: “The company has implemented further changes throughout the business to ensure it remains competitive in the market.”

The salary of the highest paid director, who is not named, slipped 4 per cent to £371,000.