Arcese UK slips into the red


 

Tilbury, Essex-based logistics and freight forwarding firm Arcese UK has slumped into the red, but has vowed to increase both turnover and profit this year. It reported a pre-tax loss of £872,725 in the year to 31 December 2015 compared with a pre-tax profit of £36,928 for the same period in 2014. Turnover fell to £19.1m from £23m. In their financial report for the year, the directors stated that “the downward trend in terms of trading volumes at the end of […]