Posts Tagged ‘Karmarama’

Published 19th Jun 2018, 15:33

Karmarama returned to healthy profit last year

A 15% increase in gross income (revenue) without any increase in staff costs has enabled the Karmarama advertising agency to report a healthy return to profit under its new owner Accenture. As a... Read more
Published 30th Oct 2017, 16:38

Zone sold to US technology consultancy for estimated £50-£55m

The US publicly listed digital technology consultancy Cognizant Technology Solutions Corporation has agreed to acquire the London based full-service digital agency Zone in a deal that appears to... Read more
Published 6th Jul 2017, 11:53

Accenture FD moves into Karmarama boardroom

Daniel Burton, the finance director for Accenture's UK and Ireland business, has been appointed to the board of Karmarama and its UK parent company Karma Communications Holdings. His arrival... Read more
Published 25th Nov 2016, 19:27

Barnes-Austin succeeds Scoffield as Karma finance director

James Barnes-Austin has replaced Ian Scoffield as finance director of Karma Communications Holdings, parent company of Karmarama and other companies. Barnes-Austin joined the group as chief... Read more
Published 7th Dec 2015, 18:38

Karma strengthens balance sheet

Karma Communications Holdings has been working with its private equity backer Phoenix Equity Partners to strengthen the group’s balance sheet after its 2014 accounts showed net borrowings of nearly... Read more
Published 11th Feb 2015, 20:36

Karma has lost £10.9m as well as its chairman

Karma Communications Holdings lost £10.9 million in its latest financial year to 30 April 2014, it was revealed today.  And while much of that loss will have had no immediate impact on cash... Read more
Published 23rd Jan 2015, 15:00

Charles Watson leaves Karma for new challenge

Charles Watson has resigned from the board of Karma Communications Holdings where he has been chairman and remains a shareholder.  His departure is understood to be in anticipation of a major new... Read more
Published 14th Aug 2014, 18:04

Karma strengthens mobile capability

Karma Communications Holdings, the privately owned marketing group chaired by Charles Watson, has acquired the mobile applications development business Nice Agency. The acquisition will widen the... Read more
Published 14th Jan 2014, 17:12

Karma sees calmer conditions after £3.9m operating loss

Karma Communications Holdings incurred an operating loss of £3.9 million in the year to 30 April 2013 after incurring amortisation charges and various exceptional costs that together totalled almost... Read more
Published 13th Sep 2013, 17:43

Karma group CFO departs

Adam Silver, the financial executive who worked with Charles Watson on the creation of the Karma Communications Group in 2011, has left the company.  According to returns at Companies House, Silver... Read more