Mixed fortunes for LA trading companies Essex Cares and Optalis

Profits and losses were small for two local authority trading companies according to their latest sets of accounts.Essex Cares Limited experienced a slight rise in revenues for the year ended 31 March 2014 from £38.6m to £40m. Following cost of sales of £12.7m (2013: £10.6m) and administrative expenses of £28.4m (2013: £27.1m) the business made…