C Butt trims loss despite fall in turnover


 

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 […]