Saints Transport saw a dramatic drop in pre-tax profit in 2016, in a year that saw the company undergo a major fleet renewal and chairman Piers Carroll complete an MBO. The operator made a pre-tax loss of £524,000 in the year ended 31 December 2016, a 302% drop on 2015’s pre-tax profit of £259,000. In its strategic report Saints attributed falling profit to the £5.6m spent on fleet renewal, and costs associated with the management buyout. The MBO was completed […]
Turnover and profit at Welch’s Transport continued their upward trend last year, despite the Cambridgeshire haulier contending with a relocation and the driver shortage.
DX Group delivered an improved performance in the second half of its trading year, but this wasn’t enough to offset the damage done earlier on, the operator said today.
Family-run John Jempson & Son added more than £1m to its turnover last year, thanks to a buoyant construction market in London.