Knights of Old remains on the hunt for more acquisitions after turnover jumped during the first full year of trading following its integration of the Mainland Group. In its financial statement for the year ending 31 May 2013, Knights revealed a 38% increase in turnover to £44.3m (2012: £32.1m), which the directors said mainly reflected its merger with Northampton-based operator in December 2011. Pre-tax profit, however, fell by 37% to £1.6m, down from £2.7m in the previous year. The directors […]
Total commercial vehicle registrations fell during 2012, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), with Volvo faring the worst across the twelve month period. Registrations from January to December were down 5.9% across truck and vans, with the decline directly attributable to lower light commercial vehicle sales. Registrations of commercial vehicles above 3.5 tonnes were up 6.4% on 2011 figures, while vans (registrations below 3.5 tonnes) were down 7.9%. Truck registrations were particularly […]
Hargreaves Services has purchased civil engineering and earth moving group Pryor, after the latter was placed into administration.
Tuffnells Parcels Express sales have risen sharply with almost 300 new customers being brought on board since it was acquired in December by Connect Group.