Lloyd Fraser said it was in a strong financial position with healthy cash reserves after reporting a 3.4% increase in turnover last year. The logistics group, which specialises in fashion transport, bulk liquids and FMCGs, also increased its pre-tax profit by 3.6% to almost £1.3m in the year ending 31 August 2013. Turnover rose to £47.3m during the period, with around £640,000 of this derived from business in Europe. The company said its future strategy will be to focus on […]
A continued move from straight transport to logistics activities including warehousing, packing and freight forwarding helped Glasgow-based Gordon Leslie Group achieve a 20% rise in pre-tax profit in the year to 30 September 2012. Turnover in the year fell around 8% to £4.8m (2011: £5.2m), but profit before tax came in at just over £487,000 (2011: £405,000). MD Craig Leslie said the firm had made a “fairly conscious move” in the last two years to reduce its reliance on some […]
Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation.
Family-run John Jempson & Son added more than £1m to its turnover last year, thanks to a buoyant construction market in London.