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by phyalow 2915 days ago
>£10M turnover from nothing

I dont understand why people quote turnover. It is a useless number.

2 comments

It's not necessarily useless. It usually (not always) means that there is a useful product that someone is willing to pay for. Doesn't mean it's sustainable of course.
Perhaps not useless but highly misleading without context. How many customers? How many employees? Any profit? All these would help.
45 employees, net profit of about £4M in the last FY.
Impressive
Nah. Doesn’t even count as a “real business” when it comes to immigration options.