A property revaluation was responsible for scuppering the bottom line at Bradford-based Expect Distribution in the year to the end of November 2012. It was enough to turn the previous year’s profit before tax of £432,500 into a loss of more than £943,700, despite a 14% rise in turnover from £15.8m to £18.1m. The revaluation, which yielded a £3.2m drop in the value of the firm’s freehold, was allocated to a £1.5m provision the firm had for it on its […]
RT Keedwell Holdings is looking to expand in the South East after pre-tax profit jumped by more than a quarter in 2015 boosted by a strong performance from its regional operations.
Logistic company Kuehne + Nagel has sold its Renault Trucks dealership RH Commercial Vehicles for an undisclosed sum, a year after it bought its parent company The RH Group for £66.9m. The new owners of the East Midlands dealership, that employs 55 people, include its current MD Nigel Baxter and general manager Paul Pearson, who becomes commercial director, as well as Neville and Peter Baxter. Last year the dealership turned over £16m from sales, parts and servicing from its head […]
Pre-tax profit at Brian Yeardley fell by nearly 50% in 2016, hit by a combination of migrant problems in Calais, unstable currency exchange rates and fleet investment.