Mark Allen Group posts pre-tax loss and writes off £5m from Bonhill purchase
Bonhill publications acquired by Mark Allen Group. Picture: Mark Allen Group B2B publisher Mark Allen Group has set a target of reaching revenue of £100m by 2029, despite posting a loss for last year. It said the five-year plan was needed after declining profits and the fact financial services division Bonhill Group has “performed very poorly” since its February 2023 takeover. Mark Allen has written off £5m from buying Bonhill, resulting in a “heavy impact on profits” for the financial year ending 31 March 2025. The acquisition cost £6.5m. Mark Allen Group publishes specialist B2B magazines, websites and events such as Abdominal Wall Reconstruction Europe, British Journal of Nursing, Classical Music, Farmers Weekly and Vehicle Dynamics International. Newly-published accounts for Mark Allen Holdings Ltd for the year to 31 March 2025 show revenue grew by 4% to £72.1m but the company swung from a pre-tax profit of £5.4m in 2024 to a loss of £1.4m. Chairman Mark Allen said in the accounts: “The directors have agreed a five-year plan which will achieve revenues of £100m …




