Image default
Brands News

Bailey reports pre-tax loss of £500,000

Bailey increased its turnover by 45.9 per cent last year to £97.2M.

It saw the firm’s operating profit climb to just under £50,000, compared with 2020’s loss of £1.2m.

Once losses on discontinued operations, including its now closed Australian subsidiary, are taken into account, the company made an overall pre-tax loss of just under £500,000, down from just over £1.5M in 2020.

In a statement accompanying the annual figures, the firm – who you can find out more about in our guide to the best motorhome brands – said business was particularly impacted by staff absence in July last year. This saw

In addition supply-chain issues, last year 20 per cent of the firm’s workforce – around 70 people – had to self-isolate.

However, Bailey says it now stands to benefit from continuing strong demand, and its decision to split production, with one line for caravans and one for motorhomes to increase efficiency.

Related articles

Bailey of Bristol awarded Ford ‘Qualified Vehicle Modifier’ status


Bailey of Bristol switches to 100 per cent renewable energy supply


Bailey of Bristol signs up to Woodland Trust Woodland Carbon scheme


2022 Motorhome and Campervan Design Award winners announced at Caravan, Camping & Motorhome Show


Caravan takes to London skies to celebrate staycation boom


Leave a Comment

Van Life Matters respects your privacy. We use cookies to improve your experience and ensure you get the most relevant content. We assume you're ok with this, but you can opt-out if you wish. Accept Read More