A committed customer base and varied operations helped Kent-based R Swain & Sons grow both turnover and pre-tax profit last year. Its latest financial accounts published to Companies House revealed a 9.6% increase in turnover to £34.8m for the year ended 31 December 2013, (2012: £31.8m). Pre-tax profit jumped 23.5% to £1.3m, compared to £1.08m in the previous financial year. Its pre-tax profit margin also grew to 3.8% from 3.4%. MD Bob Swain told Motortransport.co.uk that the firm’s “broad base […]
A combination of organic growth in its same-day distribution business and the acquisition of six companies last year helped courier firm CitySprint increase its turnover.
Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market.
Bridgend, South Wales-based John Raymond Transport saw an increase in both turnover and pre-tax profit last year.