“We’re not always given credit for the consistent profitability we’ve achieved for a business that received no early start-up funding.” I recently met Steve Nelson, finance director of UK construction collaboration technology vendor 4Projects, to learn more about the history of the company, its funding and the 2007 management buy-out (MBO) – the meeting took …
Tag: bank loans
Permanent link to this article: http://extranetevolution.com/2009/12/4projects-and-profitability/
Sep 03 2009
Good numbers from 4Projects
Latest results, for the 12 months up to 31 March 2009, show that UK-based construction collaboration technology vendor 4Projects enjoyed its most successful year to date. According to the latest returns submitted to Companies House, revenues grew 24% to £5.502m (up from £4.420m in 2008 – see 4projects turnover up a third), while pre-tax profits …
Permanent link to this article: http://extranetevolution.com/2009/09/good-numbers-from-4projects/