Profit at Fred Sherwood and Sons (Transport) saw a resurgence in the year to 31 March 2015, climbing almost 70%. The rise marked a significant recovery in the firm’s fortunes since 2014, when it saw pre-tax profit fall by a third. The haulier’s annual accounts showed pre-tax profit up from £944,077 in 2014 to £1.6m in 2015. Turnover also rose in the same period to £38.6m up from £37.9m in 2014. In its report pubished at Companies House, the company […]
Fakenham, Norfolk haulier Jack Richards & Son has reported a 56% rise in pre-tax profit, and £2.3m rise in turnover, for the year ending 31 May 2012. The firm said the increase was down to a number of factors, including a slight hardening in rates, successful efforts to improve fuel consumption, a fortuitously-timed Christmas break and a number of new contracts that helped cut empty running. Turnover at the vehicle operator rose almost 9% during the year, from £25.6m to […]
Expect Distribution has blamed a fall in profit on its loss-making two-man delivery service, which ceased operating in May last year, but said that new deals in its contract logistics business will get it back on track.