BrandsNews

Bailey reports pre-tax loss of £500,000

Bailey motorhome

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.

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