Pre-tax profit fell by a third last year at MT Top 100 company Fred Sherwood & Sons (Transport), despite a 2% increase in turnover. Its annual accounts for the year ended 31 March 2014 revealed a 35.4% drop in pre-tax profit to £944,007 (2013: £1.4m). Turnover increased to £37.9m, up 2% on the previous year’s £37.2m figure. Its pre-tax profit margin slipped to 2.4% from 3.9% in 2013. According to the directors’ report published at Companies House, the Shepshed, Leicestershire-based […]
Bourton-on-the-Water, Gloucestershire storage and distribution firm John Hackling (Transport) said a near 12% rise in turnover and profit before tax in the year to the end of September was “in line with expectations”.
The chief executive of Ceva Logistics has said reporting a 22% year-on-year fall in profit “simply isn’t good enough” as it continues with further cost-cutting measures.