Jack Richards & Son turnover grows following new business wins


Two major business wins helped turnover at Norfolk haulier Jack Richards & Son increase by 13% last year. MD Peter Brown told Motortransport.co.uk that an increase in business and an improved economic outlook helped turnover at the company rise from £29.7m to £33.8m in the year to 31 May 2014. Documents filed at Companies House also revealed an 18% increase in pre-tax profit to £814,620 (2012/13: £687,377). Its margin, however, remained flat at 2.4%. “We had two big contract wins […]