Fred Sherwood & Sons (Transport) saw pre-tax profit fall 18% last year with turnover also declining by 5% in the period. Reporting its annual accounts for the year ended 31 March 2016, the company revealed that pre-tax profit had dropped to £1.3m (2015: £1.6m) while turnover had fallen to £36.7m on the previous year’s figure of £38.6m. Despite the fall in pre-tax profit and turnover, the directors’ report remained upbeat, stating that the firm had “traded successfully” in the period […]
Leicester-based packaged chemicals logistics provider HW Coates Holdings has described its financial performance in the year to 31 December 2012 as “satisfactory” – despite raising its profit before tax by 34% over the previous year.
A combination of winning and retaining business and improving efficiency helped turnover and pre-tax profit at Wincanton grow in the first half of this year.
Food distribution specialist Fowler Welch more than doubled its operating profit in the first half of the current financial year, its interim report shows.