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 […]
Confidence among logistics operators in future business prospects has increased significantly in the past six months, according to the latest Logistics Confidence Index compiled for Barclays and Grant Thornton UK.
Palletways (UK) saw turnover increase to £163.7m in the year to 31 May 2015 (2014: £146m), according to its latest accounts published at Companies House.
C Butt saw both its pre-tax and turnover crash in its most recent financial year, after the loss of three major contracts.