Advanced Supply Chain’s profit plummets but better times are ahead


 

Advanced Supply Chain suffered a 44% drop in pre-tax profit in the year ended 30 June 2014, according to newly published accounts at Companies House. The accounts show that Advanced Processing, which trades as Advanced Supply Chain, suffered a pre-tax profit fall to £730,698 (2013: £1.3m) after a major, undisclosed customer, was sold to new owners. In the strategic report that accompanied its Companies House filing, the firm said pre-tax profit was “ultimately lower than originally expected” after restructuring its […]