Lloyd Fraser has warned that current trading conditions are challenging, but added it was too early to say what impact Brexit might have on its future performance. Reporting its annual results for the year to 31 August 2015 at Companies House, the Rugby-based firm revealed a 31% rise in pre-tax profits to £2.7m (2014: £2.1m). Turnover grew 9.1% year-on-year to £58.7m (2014: £53.8m). The directors said they were pleased with the group’s progress, adding that “healthy cash reserves and no debt” […]
Pall-Ex has said it is “saddened” by the UK’s decision to leave the European Union and reiterated its warning that the forthcoming Brexit will “deeply” affect the supply chain.
Tariff-free access to the single market and the ability to hire non-UK drivers are the key issues for hauliers as the industry faces Brexit, according to a survey by the FTA.
Leeds-based Bedfords Group has made “significant progress” in adding new streams of business, according to its latest results, despite recording a pre-tax loss of £221,415 last year.