Clearwater Events on track to grow pre-tax profit by more than £100,000

Clearwater Events is on target to grow its pre-tax profits by more than £100,000 for the 2015 financial year.

Clearwater Events managing director Stephen Morton-Prior
Clearwater Events managing director Stephen Morton-Prior

The agency has forecast a pre-tax profit of £153,500 for this year, a significant rise from the £43,800 recorded in 2014. In line with its growth, managing director Stephen Morton-Prior announced plans to launch a small office in Cwmbran, near Cardiff.

"We are keen to focus our DMC and events agency services on under-represented markets outside of London," he explained. "We started in the West Midlands four years ago without an office base on a ‘work from home’ model. Following the success of the last year, and the predicted increase this year, we’ll be moving two staff members to the permanent office in South Wales."

He added that the company had already recorded a pre-tax profit of £135,000 for the first nine months of this year, with a further £18,500 expected by the end of 2015. 

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