Castle View Ventures boosted by sports and leisure arm

Castle View Ventures, the Bridge of Allan-based company whose business interests include sports and leisure management, catering management software and food production, has posted record sales and profits.

By The Newsroom

Published 28th Dec 2016, 08:48 BST

Updated 29th Dec 2016, 15:23 BST

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Sports and leisure activities gave Castle View Ventures a lift. Picture: Contributed

New accounts reveal that turnover at the group, led by managing director Martin Bell, rose to £137.1 million in the 12 months to the end of March, up from £120.2m in the previous year.

Pre-tax profits topped £9.1m, up from £5.4m last time, while total group capital investment in the year amounted to £9.2m.

Castle View boosted by weight control foray

The driving-force behind the performance continued to be the firm’s wholly-owned subsidiary, Sports and Leisure Management Group (SLM) – a Leicestershire-based business acquired in 2000, which manages sports and leisure facilities on behalf of local authorities in England.

The Cambuslang-based Uin Foods operation, which makes pizzas for leading supermarkets, made a pre-tax profit of just over £1m on sales of almost £10.5m.

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