Problem contracts make it another tricky year for Taziker

Multi-disciplinary engineering specialist Taziker Industrial has seen losses increase in its latest results due to legacy contract issues.
Results for the year to March 31 2024 show pre-tax losses increased to £5.6m from £1.2m last time as turnover stayed steady at £86.4m.
The previous year’s losses prompted the original company founders to buy back a controlling stake in business from its private equity owners and change the strategy and financial structure.But legacy co