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August 05, 2015 9:30 AM ET

Specialty Retail

Company Overview of Mallett plc

Company Overview

Mallett plc operates as an antiques dealer primarily in the United Kingdom, other European countries, the United States, and the Far East. The company deals in antique furniture, fine arts, and objects; and provides restoration services for museums and private collectors. It offers furniture products, including cabinet furniture, fire wares, mirrors, seating, tables and desks, and others; pictures comprising oil, oriental, photography, and water color pictures; lighting products, such as candlesticks, chandeliers, lamps, lanterns, and wall lights; and modern products consisting of coffee tables, lighting, and glass products. The company also provides textiles that comprise needle works, rugs...

Ely House

37 Dover Street

London,  W1S 4NJ

United Kingdom

Founded in 1865

31 Employees

Phone:

44 20 7499 7411

Fax:

44 20 7495 3179

Key Executives for Mallett plc

Managing Director, Chief Executive and Executive Director
Age: 52
Chief Executive and Director
Age: 50
Executive Director and President of Mallett Inc
Age: 55
Financial Controller
Compensation as of Fiscal Year 2015.

Mallett plc Key Developments

Mallett plc Announces Board Resignation

Mallett announced that the company's Chairman, Lord Daresbury, and non-executive director, James Heneage, have resigned from the board of Mallett.

Mallett plc(LSE:MAE) dropped from FTSE All-Small Index (GBP)

Mallett plc(LSE:MAE) dropped from FTSE All-Small Index (GBP)

Mallett plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year 2014

Mallett plc announced unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported revenue was £4,391,000 against £6,628,000 a year ago. Operating loss was £876,000 against operating profit of £138,000 a year ago. Loss before income tax was £742,000 against income before income tax of £208,000 a year ago. Loss attributable to owners of the company was £695,000 against profit attributable to owners of the company of £148,000 a year ago. Diluted loss per share were 5.43 pence against profit Of 0.82 pence a year ago. Diluted loss per share from continuing operations were 5.61 pence against profit of 1.46 pence a year ago. Net cash from operating activities was £1,640,000 against net cash used in operating activities of £309,000 a year ago. Purchase of property, plant and equipment was 150,000 against 18,000 a year ago. LBITDA was £762,000 against EBITDA of £276,000 a year ago. Capital expenditure were £307,000 against £18,000 for the same period a year ago. The company expects its full year 2014 results to represent an improvement on its underlying results for 2013.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 29, 2014
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