Member Article

Altrincham’s Angelfish Investments reports pre-tax loss of £52k

Altrincham’s Angelfish Investments have reported a pre tax loss on ordinary activities of £52k for the half year to 31 December 2014.

The company focuses on investing in businesses and companies in the technology sectors and has a major investment in One Media Enterprises Limited (OME).

OME is a UK holding company for a group of U.S. incorporated companies which source, develop, market and distribute computing tablets and other mobile devices.

The board report that OME’s progress has been slower than originally forecast due to the limited resources that OME has available, however Angelfish Investments still expect OME to reach its original goals.

The company is also seeking alternative investment opportunities.

No statement was issued to accompany the financial results.

This was posted in Bdaily's Members' News section by Sophia Taha .