C Butt made a loss for the year ending April 2016 of almost £356,000, but added its balance sheet and cash reserves remained strong. The pre-tax loss was down on previous year’s £557,060. The reduction its annual loss was achieved despite a reduction in turnover to £13.7m (2015: £14.5m). The company undertook a major restructure last year following a decision by several major clients to take their transport back in-house. They included Poundstretcher and kitchen supplier Symphony. In 2016, MD Clive Hodgkinson […]
Once again the UK’s nine pallet networks bucked the general trend within logistics in 2012, delivering another year of growth. While Greece teetered on the precipice, dragging the whole eurozone deeper into its protracted economic malaise, Europe remained the focal point for many of the UK’s networks looking for the next big thing. European market leader Palletways faces competition with Pall-Ex’s ambitious European plans remaining on course despite the economic headwinds from the Continent, and Palletforce finally revealing its hand […]
Rhys Davies and Sons’ decision to ditch its unprofitable accounts last year has been vindicated, the Cardiff-based logistics and warehousing company said in its latest annual results.
C Butt is seeing an “important turnaround” in its fortunes this year after winning new business and expanding existing partnerships, according to joint MD Jonathan Butt.