Fashion firm cuts losses, raises turnover
Accounts just filed for Flairline Fashions Limited show pre-tax loss fell substantially from ā¬1.3 million to ā¬135,265 in the year to the end of August 2010. Turnover increased from ā¬8.8m to ā¬9.9m.
The accounts said that despite the āchallenging economic environmentā the company achieved a satisfactory trading performance for the year under review. The loss is before taking into account the non-recovery of an inter group debtor worth ā¬386,249.
