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 […]
The MT Top 100 largest operators in the UK run on an average margin of just 2.6%, and this comes after the industry became more profitable in 2012.
Arcese UK said it expects 2013 to remain as flat as 2012, despite posting a 77% increase in pre-tax profit in 2012.
Yodel has missed its self-set target of delivering a first ever profit in its most recently completed financial year, according to newly published accounts.