Clapham House, the restaurant acquisition vehicle established by ex-Pizza Express boss David Page, announced its first set of financial results since flotation this week.
Page's company was listed on London's Alternative Investment Market in November, raising £14.75m. In the period ended 31 March 2004, the company made a pre-tax loss of £84,000, with a turnover in its first six months of £534,000. The group is currently negotiating a secondary share placing to raise a further £7m.