Profits at a luxury Cheshire country club have risen to their highest since being taken over by THG.
Hale Country Club has reported pre-tax profits of £1.5m for 2022, newly-filed documents with Companies House have revealed. The figure is up from the £408,000 it posted in 2021.
The total is the highest the club has achieved since the £2m it reported in the year to February 2016. THG took over the club later that year.
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The new accounts also show that the club's turnover increased from £3.1m to £5.3m. The figure is the highest it has achieved in its history.
While THG is a public company and publishes its results on the London Stock Exchange, the figures for the country club have not been published until now.
When THG bought the club in 2016, the group said the deal was a continuation of its "commitment to substantial investment in infrastructure to support the growth and durability of its core online health and beauty businesses".
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In February 2022 were approved by Trafford Council. The proposals included an expansion of the club's car park, a new extension to the ground floor of the building, re-cladding the whole of the outside of the site and a refurbishment for the south terrace.
The update of the south terrace was set to include construction of a new pavilion, pergola, serving area and external toilet facility. The whole site was also set for landscaping.
Plans for a new all weather pitch and football pitch to the north of the site were set to be included in the revamp, but were withdrawn, following objections from nearby residents.
A statement included in the accounts for Hale Country Club said: "The global Covid-19 pandemic has continued to impact the sector in which the company operates, as the club experienced closures in line with 海角视频 lockdown restrictions. The lifting of these restrictions in the second half of the year has positively impacted the results of operations in 2022."