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 […]
The Fortec Pallet Distribution Network has made two key appointments as it looks to enhance its corporate business and image.
Pressure on rates has led to Felixstowe-based container specialist Macintyre Transport reporting a 9% fall in pre-tax profit despite a near 11% rise in turnover. Turnover in the year to 30 April 2012 rose from £19.3m to £21.4m due to organic growth, said chairman Harvey Macintyre; pre-tax profit, however, fell from £895,000 to £813,000. Much of the profit slide was attributable to stagnant rates, said Macintyre. “We have been very proactive in taking costs out of the business since 2008, […]
The future of Hellmann Worldwide Logistics’ UK operation has not yet been ensured, with its German parent company still locked-in discussions with its lenders over a refinancing deal.