sector: Financials ·
industry: Investment Services ·
As of
26 Nov 2009
252.50GBp
Volvere plc is a holding company that identifies and invests in undervalued and distressed businesses and securities. The Company provides management services to those businesses. The Company’s trading businesses is organized into three segments: certification services, security solutions, and online marketing and data services. On September 29, 2008, the Company acquired 100% of Interactive Prospect Targeting Limited. In July 2009, the Company announced the disposal of Sira Certification Service, Sira Test and Certification Limited, Sira Consulting Limited, and Sira Environmental Limited (together Sira Certification) to CSA Certification (UK) Ltd, a wholly owned subsidiary of CSA Group (CSA).
BRIEF: For the fiscal year ended 31 December 2008, Volvere Plc'srevenues increased 91% to £7.3M. Net income from continuing operations totaled £323K, vs. a loss of £369K. Revenues reflect an increase in income from Certification Services & Security Solutions and the inclusion of Investing & Management Services segments of the Group. Net income also reflects improved gross margin, the presence of investment income and lower finance costs.
Volvere PLC
9-11 Grosvenor Gardens
London ENG SW1W 0BD
P: +4420.79797596
F: +4420.79797585