2005 – annus horribilis at Kidsunlimited

The financial statements of Kidsunlimited for the year to 30 April 2005 presented a year fraught with setbacks, despite expansion moves at the business.In particular, although turnover grew almost 24% to £20.85m (2004: £16.85m), the company’s operating loss deepened from £435,000 to just over £2m. This was attributable principally to £1.8m of exceptionals, comprising a…