United Auctions loses almost £800,000
PERTH-based United Auctions reported an operating loss of £789,981 for the year ending 31 January, against a profit of £114,000 last time.
Turnover for in the year at United fell by £1 million to £8m.
The company is looking at a number of initiatives to pull it out of the red, including the development of its sites at Perth and Stirling.
- United Auctions expansion, FWi, 14 October, 1998
- The Herald 21/05/99 page 29