In the year to 31st December 2023 Dawson Wam made a pre-tax revenue of ₤ 8.9 m (2022: ₤ 4.5 m) on turnover of ₤ 52.7 m (2022: ₤ 46.4 m).
Worker numbers increased in the year by 22% from 92 to 112. Payroll expenses went up 35% from ₤ 5.5 m to ₤ 7.4 m.
Dividends of ₤ 300,000 were paid to the 77-year-old owner, Dennis Mcgall.
There was no reference of the Northern Ireland Protocol in the 2023 accounts. In 2015 we reported that Dawson Wam, with its authorized workplace in Bedfordshire and head office in Belfast, had actually experienced some post-Brexit disturbance, with Northern Ireland now based on various trading laws from the remainder of the UK. [See previous report here.] The reasoning is that business has actually discovered to deal with the brand-new situations.
The greatest threat recognized in the 2023 accounts is, more normally, the continuing financial unpredictability. “To reduce versus this, the business has actually looked for to diversify its organization throughout as numerous locations as possible, looking for brand-new markets and disciplines throughout the UK,” McGall stated.
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