New Covent Garden Market

S Thorogood has a base at New Covent Garden Market

London wholesaler S Thorogood & Sons has returned to profit.

The fruit and veg trader, based at New Covent Garden Market, New Spitalfields Market, and Western International Market, posted a pre-tax profit of £345,432 in the year to 31 October 2015, up from a loss of £43,265 the previous year.

This return to profit was on a £19 million turnover – a rise on 2013-14’s figure of £17.7m.

The directors said they are confident that the improvement in results will continue this year.