Tesco Bank headcount falls, Appen's top line contracts

These accounts cover an extended 24-month period. Over those 731 days, the parent entity booked £732.8m in turnover, but £109.1m in finance costs offset the gross profit. The resulting £94.4m pre-tax loss is accompanied by a material uncertainty note regarding going concern, with the filing stating sufficient liquidity through to July 2027.

Turnover climbed 17% to £485.6m, but a 20% increase in total staff costs accompanied operating profit growth of 7% to £54.7m. The Northern Irish concrete maker generated sufficient cash during the period, increasing its dividend payout to £36.6m.

A notable contraction in headcount at the banking arm, with average employee numbers falling 62% to 986. The core business moved to a £5.7m operating loss as turnover declined 11%, but a £48.6m finance income credit bridged the gap to keep profit before tax in the black at £38.3m.

The data firm's top line contracted, falling 89% to £211.5m. The cost base presents an unusual profile, with the UK subsidiary booking £1.45bn in staff costs across just 21 average employees. During the period, operating losses deepened to £2.37bn.

A year of rapid expansion for the facilities manager. Turnover rose 61% to £194.4m as average headcount more than tripled to 3,042. Operating profit nearly doubled to £5.9m in tandem, leaving a steady set of numbers to close the period on.