The Brit European group of companies made its first profit in three years in 2016, newly published accounts show. In the 12 months to 31 December 2016 pre-tax profit stood at £339,614 compared with a loss of £753,000 a year ago. Carman (Holdings), whose subsidiaries include Brit European Transport and Silver Arrow Logistics, as well as two continental businesses now in liquidation, said its core areas had “performed well in 2016, although changes to the group’s activities impacted on the […]
Goldstar Transport said the 17% increase in its pre-tax profits last year was down to winning additional business from its existing client base.
A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year.
Brit European Transport has pulled out of the UK carpet distribution business following the voluntary liquidation of its Belgium-based sister company, which specialises in the warehousing and distribution of carpets to the UK.