Wednesday, January 04, 2006 

icWales: Many estate agents struggling as financial storm clouds gather A recent survey of the UK estate agents industry suggests that in excess of 33% of companies are currently rated as being under threat and face failure in 2006. Many have pre-tax margins of less than 4.5%, with retained profit at a miniscule 2% or less and crucially their proportion of debt as a percentage of sales exceeds 90%.
posted by DavidG  @ 8:48 PM 4 comments


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