CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%. For the year ended 30 June 2015, the Gloucester-based operator had turnover of £113.5m, up 7.7% on the previous year. The group’s pre-tax profit rose 8.8% to £5.1m (2014: 4.7m). Downton MD Andy Downton said the growth was “very much within [the group’s] expectations”. He told Motortransport.co.uk: “We are never complacent but hope that our service […]
Transport firms facing collapse in the wake of the Covid-19 pandemic have been thrown a lifeline in the form of a new law.
The management team at Derby Express Couriers (Overnight) have completed a management buy-out (MBO). The Derby-based overnight courier company, which is part of the APC Overnight parcel delivery network, was sold by founding shareholder Nick Taylor to directors Lorraine Sharp and Susan Hill. “Susan and I are privileged to be able to lead the business to the next stage,” said Lorraine Sharp, who has worked at Derby Express for 12 years. “We take pride in offering a quality and reliable […]
Despite new business wins and growth in average storage volumes, turnover at Boughey Distribution remained flat last year.