Lenham Storage sees turnover and profit climb despite leap in cost of sales


 

Lenham Storage saw both turnover and profit increase last year, despite a jump in the cost of sales. The group’s latest accounts, incorporating its subsidiary Lenham Storage (Southern), reveal turnover in the year to 31 August 2016 increased 9.5% to £46.2m (2015: £42.2m). The firm’s pre-tax profit increased by 11.7% to £1.2m (2015: £1.0m) in the period despite driver shortages – consistent with its experience last year – and the introduction of the living wage in the year sending cost […]