Stanfords looks to future after posting 2018 loss

Stanfords looks to future after posting 2018 loss

Stanfords c.e.o. Vivien Godfrey says she is "not looking in the rear view mirror", as the company fell back into a loss ahead of its move to new premises in Covent Garden. According to accounts filed, Stanfords will save £800,000 in costs after the move with the company "very optimistic about the future".

Company accounts for Edward Stanford Limited as of 31st March 2018 show Stanfords has fallen back into losses in the last two years, with Godfrey saying this is partly due to static sales at the Long Acre site combined with a rapid rise in rent and rates. Turnover figures are not revealed...

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