Garment accessory manufacturer Thomas Walker Plc has reported a pre-tax profit of £1.7 million, up from £197,666 last year,

Sales were static at £3.8m from £3.7m last year and exclude the contribution made by Guests Brass Stamping Company Ltd  which the company acquired in June.

Thomas Walker said its garment accessory business had been adversely affected by a high-street slump.