John Smedley ’s newly-filed results for the 12 months to the end of March show the company dealing with “a particularly difficult year”.

What that meant in numbers was that sales in the 2024/25 year were down 5.23% having dipped just 0.52% in 2023/24. And gross profit was down 7% having fallen 9.7% in the previous year.

Looking at the figures in more detail, turnover dropped to £16.8 million from £17.7 million with gross profit down to £7.7 million from just under £8.3 million.

The company made an operating loss of £1.175 million compared to a loss on that basis of £71,000 in the previous year. And the loss before tax was £720,000, worse than the profit of £270,000 the year before. The net loss was £495,000, a negative swing from a profit of £134,000 in the prior year.

Clearly, the co

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