C Butt made a loss for the year ending April 2016 of almost £356,000, but added its balance sheet and cash reserves remained strong. The pre-tax loss was down on previous year’s £557,060. The reduction its annual loss was achieved despite a reduction in turnover to £13.7m (2015: £14.5m). The company undertook a major restructure last year following a decision by several major clients to take their transport back in-house. They included Poundstretcher and kitchen supplier Symphony. In 2016, MD Clive Hodgkinson […]
A “strong” pipeline of new business in its logistics division helped Clipper Group offset a serious decline in turnover at its CV dealerships in the year to the end of April 2013, the firm’s annual accounts reveal.
Rhys Davies and Sons’ decision to ditch its unprofitable accounts last year has been vindicated, the Cardiff-based logistics and warehousing company said in its latest annual results.
Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation.