The only way is up: Philson Haulage a canny buy

Gregory Distribution is part of Gregory Distribution (Holdings)

Philson Haulage was in rude health when it was purchased by Gregory Distribution (Holdings) earlier this year. According to the company’s accounts for the year ended 31 May 2012, turnover at the temperature-controlled Sussex firm was up 6.7% at £7.5m (2011 £7m). Having made a loss of £138,380 in 2011, the firm, which at the time of February’s deal ran a fleet of over 30 vehicles and employed 56 staff at its Chichester base, experienced a significant reversal reporting a […]