Removals firm Pickfords raised its profit before tax by 141% in the year to 30 September 2014, its latest annual accounts have shown. The firm, which carried out a pre-pack administration back in November 2012 reported profit before tax for the latest financial year of £3.87m (2013: £1.6m); while turnover was up 20% to £69.8m (2013: £58.1m). Of the total turnover during the year, £36.7m (up 14.7% on 2013) originated in the UK with £33.1m (up 26.8%) generated overseas. The […]
Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]
Turnover and pre-tax profit at Royal Mail Group continued to climb last year, despite increased competition in the parcels sector and declining letter volumes.