• Text size      
  • Send this article to a friend
  • Print this article

Saltire Taverns records losses

Saltire Taverns has fallen to a pre-tax loss of £32,720 as its turnover dipped from £6.8 million to £5.8m.

The company, owned by Billy Lowe and which runs Le Monde and the Hudson Hotel in Edinburgh, had recorded a profit of £71,529 in its previous accounts.

Income from continuing operations in the 12 months to January 31, 2012, was up from £4.4m to £5.3m but revenue from discontinued activities dipped from £2.4m to around £558,000.

Contextual targeting label: 
Finance

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.