Eutech, Daresbury Park, Cheshire

The Group has demonstrated consistent growth over a number of years, culminating in a record annual turnover of £157m in 2005 and a net asset position of £71m at the year-end, with pre-tax profits amounting to £6.7m, compared to £6.5m in 2004. Pre-tax profits are reported after distributions to staff via the Group’s pension and bonus scheme. In 2005 profit distributions were £1.9m, while in 2004, following exceptional financial performance, distributions were as high as £3.2m

Underpinning the group’s net assets is our property portfolio, currently valued at £80m and generating £5.4m each year in rental income. This capital value and income add stability to our financial position and help us to raise finance in support of our expanding property development function.

Our growth is a result of controlled expansion of core activities combined with the development of new business streams, which complement and add value to the group overall.  

To download the Eric Wright Group Ltd Company Accounts to December 2005, click here