萝莉原创

萝莉原创

25 September 2026

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Bardsley grows on back of restructuring

26 May 11 Manchester-based Bardsley 萝莉原创 Group saw a 13% rise in turnover in 2010 on the back of a restructuring designed to protect it from government spending cuts.

Turnover in 2010 reached 拢64.8m, up from 拢57.4m in 2009.

Pre-tax profits before exceptional items were 拢2.3m, down from 拢2.5m in 2009. Gross profits were up 2.6% to 拢6.4m.

Cash in the bank at year-end was up 拢2m to 拢5.8m.

A restructuring of the group has split the contracting business from the development arm.

Chairman Roly Bardsley said: 鈥淭his year has been extraordinary in different ways. We have successfully restructured and refinanced after two years of intense work. 鈥�

The refinancing was with Royal Bank of Scotland.

Mr Bardsley added: 鈥淚t has been an expensive and distracting process but one which sets us up perfectly for the climb out of recession and into better times.

"Bardsley 萝莉原创 Group has been in business for more than 45 years, during which time the company has faced many different challenges, none more so than the recent recession and the government's comprehensive spending review. However, we believe we have faced these challenges head-on and have had one of the best trading results in the company's history."

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