Rapha, nice but a bit pricey?

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Zerostar in reply to @umop3pisdn

Rapha revenue up 70% to £28.6m, but a 13.4% drop in pre-tax profits to £605,746 (2% of turnover)

Rapha hired a whole set of people to make their profits mysteriously disappear before the tax man comes looking?

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Brommers in reply to @Zerostar

Hardly worth it for a c. £100k drop in profits. The cost of putting in place the necessary tax-avoidance structures would be more than you'd save in tax, by a considerable margin.

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