CM Downton’s acquisition of C&H (Hauliers) in 2013 helped boost turnover by 15% year-on-year, according to its most recent filings at Companies House. For the year-ending 30 June 2014 turnover stood at £108.5m (2013: £94.2m) but pre-tax profit fell to £4.7m, from £5.3m in the previous year. The directors’ report described the groups’ financial position as “very satisfactory”. Breaking down the performance, turnover for continuing operations at CM Downton rose year-on-year to £91m, from £90.5m, while its contribution from its […]
The shortlist for the second Microlise Driver of the Year Awards has been released ahead of the award ceremony later this month.
A continued move from straight transport to logistics activities including warehousing, packing and freight forwarding helped Glasgow-based Gordon Leslie Group achieve a 20% rise in pre-tax profit in the year to 30 September 2012. Turnover in the year fell around 8% to £4.8m (2011: £5.2m), but profit before tax came in at just over £487,000 (2011: £405,000). MD Craig Leslie said the firm had made a “fairly conscious move” in the last two years to reduce its reliance on some […]
Pressure on rates has led to Felixstowe-based container specialist Macintyre Transport reporting a 9% fall in pre-tax profit despite a near 11% rise in turnover. Turnover in the year to 30 April 2012 rose from £19.3m to £21.4m due to organic growth, said chairman Harvey Macintyre; pre-tax profit, however, fell from £895,000 to £813,000. Much of the profit slide was attributable to stagnant rates, said Macintyre. “We have been very proactive in taking costs out of the business since 2008, […]