Glenfield Storage Solutions, a successor company to failed Widdowson Logistics, remains a going concern despite net liabilities of close to £98,000. Reporting its performance for the year to 31 March 2017, the company’s sole director Adam Clements conceded the business, which is based at Mill Lane Industrial Estate in Leicester and was previously named Widdowson Leasehold, had experienced ‘a difficult start up period’. The company’s total assets less current liabilities stood at £108,578 once money owed to creditors within the […]
Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation.
DX Group said it has successfully raised approximately £200.5m through selling shares on AIM this morning, following a 3% increase in turnover for the first six months of its current financial year.
DX Group is to take a close to £2m profit hit after an accounting error relating to the treatment of a leasehold property.