Profit at Fred Sherwood and Sons (Transport) saw a resurgence in the year to 31 March 2015, climbing almost 70%. The rise marked a significant recovery in the firm’s fortunes since 2014, when it saw pre-tax profit fall by a third. The haulier’s annual accounts showed pre-tax profit up from £944,077 in 2014 to £1.6m in 2015. Turnover also rose in the same period to £38.6m up from £37.9m in 2014. In its report pubished at Companies House, the company […]
Hermes Group, parent company of UK parcel carrier Hermes Parcelnet, has seen “significant growth” in turnover for the twelfth year running, which it attributed to the rapidly growing e-commerce sector.
Knights of Old has said it expects to “reap the benefits of larger economies of scale”, after a full year of trading incorporating its 2013 acquisition of AE Parker saw pre-tax profit and turnover rise.
New business, better marketing and an emphasis on streamlining appear to have paid off for Cumbrian firm Stalkers Transport Services, which posted a pre-tax profit of just under £35,000 for the year to 30 September after two years of heavy losses. Turnover fell from £6.7m in the previous financial year to £5.7m, but it made a profit compared to a loss of nearly £125,000 the previous financial year and an even more hefty loss of nearly £290,000 the year before […]