- Entrepreneurial partnership specialist CEPS plc posts pre-tax profits of £576,000 for the year to the end of December - down from £907,000 last time.

Revenues fell to £15.9m - down from £16.8m a year ago - and gross profits dipped to £1.9m from £2.6m.

Net debt fell by £700,000 to £2.2m during the year and the gearing reduced to 38% from 57% in 2008.

Story provided by Business Financial Newswire