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 […]
Gregory Distribution has acquired West Sussex-based Philson Haulage for an undisclosed sum.
Haulage consortium Harlequin Logistics has signed five new contracts so far this year, and expects to close 2013 with turnover in excess of £10m.
Pre-tax profit at Nagel Langdons took a hit last year as it saw an increase in lower-margin business.