"the Company has, successfully concluded the acquisition of the issued share capital of Southern Bear Trading Limited and Tarvail Limited
Tarvail was incorporated in 1980 and has been trading for over 20 years. ....
... enjoyed average growth per annum of 30% in turnover and 117% in profit before tax from 2004 to 2006, clearly indicating the potential available to develop the business in the future. In the financial year to March 31 2006, Tarvail made a profit before tax of £815,000 on sales of £3,600,000 and had net assets of £539,000.
....
Following the successful acquisition of Tarvail, your Company is actively
seeking complementary acquisitions with turnover of between £1 million to £10
million ....
I, along with my fellow directors, look forward to leading the Company through
the next exciting stage of its development and growth. On behalf of the board, I
thank you for your support.
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