Leicester-based packaged chemicals logistics provider HW Coates Holdings has declared another rise in turnover for its last financial year but a significant decline in profits. In the year to 31 December, the group – which includes haulage and warehousing firm HW Coates, a majority stake in The Hazchem Network, and recently acquired document storage specialist Whitefoot Forward – raised overall turnover by 7% to £40.49m (2013: £37.84m). Pre-tax profit, however, fell just under 27% to £7.13m (2013: £9.76m). The rise […]
Pall-Ex UK saw its pre-tax profit jump more than 200% in 2016 after results from its management restructure and growing membership began to take hold.
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.
Operators working for Mars UK have hit out at a change in their payment terms, which have increased from 90 to 120 days, claiming the situation will damage cashflow so much that they may not re-tender for the business.