Circle Express has continued to trade successfully under a Company Voluntary Arrangement (CVA), achieving its second consecutive profitable year. The company’s latest results lodged at Companies House show the express distribution service made sales of £28.8m in the year ending 31 October 2014, an increase of £2m on the previous year. Pre-tax profits were also up, to almost £193,000 compared with £134,000 in 2013. The company entered a CVA in May 2012 following “extremely difficult trading conditions” during 2011 and […]
Yodel made a pre-tax loss of £82.5m in its most recent financial year, which is the parcel operator’s biggest loss since 2013.
An inquiry is to be held by MPs in the Transport Select Committee into local decision-making on transport expenditure.
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 […]