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 […]
The combination of the £16m sale of its former automotive logistics division and securing a “significant” customer wins towards the end of its last financial year helped Eddie Stobart Logistics generate a £21m surplus, which was used to repay its debt.
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.
Widdowson Logistics’ sister company Davis Haulage owed unsecured creditors £4.7m when it was placed into administration just before Christmas.