Cambria: Profits Up, Staff Down    

Cambria Automobiles has had an interesting year, with profits doubling but staff numbers tumbling.  Results filed at Companies House show that in the year to end of August 2021, profits leapt a massive 114% to £21.8m, with turnover up a measly 7.5% to £563.1m.

But at the same time the average number of staff was slashed by a full 35% from more than 1,000 to just over 650.

It was admitted that some difficult decisions had been made, which lead to job cuts, and that the company certainly faces challenges ahead.