GRP posts £2.7mn pre-tax loss

Global Risk Partners (GRP), the UK broker consolidator led by
broking veteran David Margrett, has posted a £2.73mn pre-tax
loss for the year ending 31 March 2015, according to results filed
at Companies House.
The result was a slight improvement on the pre-tax loss for the
prior year of £2.93mn.
Administrative expenses drove the latest loss, rising from
£1.58mn in 2014 to £6.69mn in 2015. Goodwill amortisation
more than doubled from £522,493 to £1.18mn, reflec