CS Ellis (Holdings) has reported a dip in turnover, after several key customers implemented cost-cutting measures and scaled back their warehousing requirements. However, the operator said the decrease had been largely mitigated by winning new work, as well as growth in its core transport business. Turnover for the year ended 30 June 2014 stood at £13.5m, down 2.7% on £13.9m the previous year. Pre-tax profit fell 31% to to £528,755 (2013: £768,436). Additional revenue of £555,114 was generated from the […]
A reliance on agency staff and hire vehicles at CS Ellis to meet an increase in work dented the operator’s annual profit, newly published accounts show.
A fresh, young leadership team and a commitment to promoting from within are starting to pay dividends at family haulage firm CS Ellis.