[Philip Fisher]

Originally Posted by Nuisance

I'd say so....

Considering the anual turnover for 2006 of Chip Tuning Ltd (Not Hardy and Laurel Motorsports)
Was £198,311

With £65,274 cost of sales

Grossed them £133,037 profit.

Subtracting £81,599 "administrative costs"

Left them with an operating profit of £51,688. to split equally between the 2 shareholders.....

So he'd be waddling off down Bromsgrove high street with a cool 26K in his sack!

Whilst customers like myself and Chris are sat here with lame ducks of bodge jobs thousands out of pocket!

And if my understanding of their business is right, a large amount of that "administrative cost" will be salaries paid to them.