Birds Transport and Logistics made a pre-tax loss of £2.4m last year, according to newly published accounts. The accounts for the year to 30 September 2016 reveal turnover had slumped from £20.8m in 2015 to £14.8m last year. Owner Ballyvesey confirmed the haulier’s demise in May, with its remaining transport operations transferred to sister company Montgomery Transport. The directors expressed their disappointment at the performance in the accounts, citing the loss of key contracts as the reason for mounting losses. […]
The Birds Transport & Logistics name, some assets and business, are believed to have been sold to HLD Group-owned Widdowson Logistics.
The directors at Birds Groupage Services and Montgomery Transport – the two operators that are part of Northern Irish conglomerate Ballyvesey Holdings – have said that they are “disappointed” with the financial performances of the businesses.