Revenues drop at Ashley House

Ashley House has reported a large drop in turnover in its preliminary results for the year ended 30 April 2014 with revenues plummeting from a restated figure of £15.8m to £8.4m.After cost of sales of £7.7m (2013: £10.1m) and operating expenses of £5.2m (2013: £5.1m) were deducted, the company made an operating loss of £4.6m…