Fidelius Financial Holdings has reported a growing loss of £4m, according to its accounts made up to 31 March 2024.
According to its year-end balance sheet for 2024, the firm faced a loss of £4m after tax compared to an £644,380 loss in 2023. Fidelius' holdings company's profit before tax has also taken a hit, with numbers falling from a profit of about £1m in 2022 to a loss of £80,000 in 2023 and a further £3m loss in 2024. Turnover growth for Fidelius Financial Holdings was down to £17.4, a 3% decrease against the last financial year's turnover of £18m. For its IFA business, group turnover was also down by 4% at £16.8m, compared to £17.4m the year prior. Fidelius Financial Holdings attribut...
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