Manchester-based AKW Group returned to profitability in 2013, as both its transport and warehousing businesses enjoyed bumper trading. For the financial year ending 30 June 2013 AKW Group turned a pre-tax loss of £667,560 in 2012 into a pre-tax profit of £112,799. Turnover rose by 8.5% to £17.8m, from £16.4m in the previous financial year. Making a major contribution was it warehousing subsidiary World Freight Centre, which also saw turnover rise by 17% to £6.8 (2012: £5.8m) and turned a […]
MT Top 100 company Goldstar Transport has said that 2014 will see it focus on improving gross margins after turnover and pre-tax profit fell last year.
AK Worthington’s fledgling international division is rapidly gaining momentum, with turnover expected to rise by 50% in the next 12 months, from about £1.2m to £1.8m.
Expansion into international distribution should add around £1m a year in turnover this year, Manchester-based operator AK Worthington (AKW) has predicted. Having started daily services to nine overseas countries with weekly services to eight more, contributed to a 5.9% rise in the year to 30 June 2012 in annual turnover to £10.66m (2011: £10.06m) AKW’s turnover in the year was also boosted by passing more business through haulage consortium Partnerlink, which it is a shareholder in. Although AKW’s profit before […]