好色先生TV

In the year ended 31 August 2007, turnover rose 20% from 拢40.2m to 拢48.1m, which meant a profit margin increase of 7.5% to 9%.

The directors said the results pointed to 鈥渁nother successful year鈥� and that the company predicted 鈥渟ignificant growth鈥� over the coming 12 months.

The company was bought by Rok for 拢40.5m in cash and shares, days ahead of changes to capital gains tax laws on 6 April. The changes introduced a flat rate of 18% on chargeable gains compared to a previous maximum of 10%.

The deal comprised an initial payment of 拢22.5m, of which 拢20.5m was paid in cash and the rest in shares. A further maximum of 拢18m will be paid over the next two years after the sell-off of Richardson鈥檚 private housing division.

The highest paid director鈥檚 pay fell by 59% over the year from 拢435,708 to 拢178,119. Meanwhile staff numbers increased from 265 to 327, and average salary fell 14% from 拢28,800 to 拢24,900.

Following the deal with Rok, Alan Richardson, the company鈥檚 founder and chairman, has agreed to remain with the business for six months to oversee the transition and senior managers signed two-year deals.