Pre-tax profit at Arcese UK fell over 30% in the year to the end of December, accounts posted at Companies House have shown. Turnover at the Thurrock-based firm, which runs around 80 vehicles, rose almost 1.7% during 2013 to £24.07m (2012: £23.67m) but profits before tax fell to just under £259,000 (2012: £372,000). The slide resulted in a profit margin of just 1.07% in the year, down from 1.57% in 2012. Arcese UK MD Keith Luetchford was not available for […]
Small businesses in transport and distribution are looking forward to “a new era of planning for sales growth” according to latest research, which claimed Brexit uncertainty had now been cast aside.
The profitability of the Cartwright group was already on a “downward trajectory” before the advent of the coronavirus pandemic, with margins impacted by loss-making contracts, according to administrators.