ECM (Vehicle Delivery Service) enjoyed a strong 2016 as UK car sales boomed delivering a 12% rise in pre-tax profit, but has warned of tough times ahead. Vehicle transporter ECM’s latest annual accounts show a 4.4% rise in turnover to £102m (2015: £98m) and a 12% increase in pre-tax profit to £1.3m (2015: £1.1m) in the year to 31 December 2016. ECM’s delivery volumes have risen strongly over the past three years, up a third (34%) while average employee numbers […]
Royal Mail offset declining letter volume with its growing parcels operation in a year that saw it surpass the £10bn turnover mark for the first time, but saw pre-tax profit fall by more than a third (37%).
Nelson Distribution was profitable in its final year of trading before it became part of the Knights of Old Group, newly published accounts show.
Some of road transport’s biggest companies could face a hit to their cash flow after the chancellor signalled he was bringing forward corporation tax deadlines forward yesterday.