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). […]
Welch’s Transport has laid down foundations for the future with the appointment of fourth-generation family member Chris Welch as its commercial director.
TNT UK remained loss making in its most recent trading period once the one-off gain from the sale of its Business Solutions division is stripped out, its latest accounts show.
Welch’s Transport saw profit fall in a year with an “uncomfortably high” turnover in operational staff, according to the firm’s latest annual results.