Pre-tax profit fell by a third last year at MT Top 100 company Fred Sherwood & Sons (Transport), despite a 2% increase in turnover. Its annual accounts for the year ended 31 March 2014 revealed a 35.4% drop in pre-tax profit to £944,007 (2013: £1.4m). Turnover increased to £37.9m, up 2% on the previous year’s £37.2m figure. Its pre-tax profit margin slipped to 2.4% from 3.9% in 2013. According to the directors’ report published at Companies House, the Shepshed, Leicestershire-based […]
Wincanton has warned of “trading profit headwinds” that it experienced in April, May and June, but expects pre-tax profit to remain inline with expectations.
Road transport rates have hardly moved over the last three years, provisional new data from the Office for National Statistics (ONS) has shown.