South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown. Despite a 4.8% increase in turnover to £21.2m in the year to the end of September 2014 (2013: £20.2m), the company’s pre-tax profit fell from £56,532 to just £153. The additional £1m of turnover generated during the year appears to have been completely eroded by a rise in the cost of sales, up […]
NFT Distribution reported profit up but turnover down in its first trading year under the ownership of private equity backer EmergeVest.
Bibby Supply Chain Services (previous Bibby Distibution Services) slipped back into the red before it sold its training arm System Group at the turn of the year.
Norbert Dentressangle’s (ND) UK business saw a 10% increase in its turnover last year, while group turnover jumped 15%.