Cardale Asset Management, the Harrogate, Yorkshire-based private client investment firm launched by former Brown Shipley personnel generated pre-tax profits of £6.52 million for the year to 30 September 2018 according its latest annual report and accounts which have just been deposited at Companies House.

This is a £1.48 million or 24.2 percent increase on the £5.25 million reported for the previous year.

Revenue increased by £1.48 million from £10.63 million to £12.11 million, a 14 percent increase.