Cross-channel disruption and the migrant crisis, combined with bad debts arising from the steel crisis, saw Laser Transport International suffer a tough second half in 2015. Despite this, newly published accounts for the year to 31 December 2015, show pre-tax profit at the Hythe-Kent based company more than tripled in the period, up from £28,712 in 2014 to £108,697. Turnover was broadly flat year-on-year at £16.4m, with the company’s UK division contributing the lion’s share of revenue at £13.3m (2014: £12.7m). […]
The Fortec Pallet Distribution Network has appointed a new commercial manager as it continues to identify and pursue new opportunities for corporate business development.
Howard Tenens remains confident that it is “well positioned” to grow its business, despite posting a 15.4% drop in pre-tax profit last year.
Having achieved record volume last year 2013 is set to be another record breaker, with the UK’s nine pallet networks on course to handle the most pallets through their systems that they have ever done since the launch of the concept two decades ago.