Knights of Old has come out fighting after landing a major new contract and vowing to overcome a difficult period that saw it record a “substantial” operating loss of £2.7m. The Kettering-based group’s latest accounts for the year to 31 May 2017 reveal a bruising period in which it restructured its finance team and replaced senior personnel within it. In the strategic report to the accounts, the business describes “a material misstatement of information presented to the board during the […]
UK Mail has revealed a pre-tax profit of £12.9m for the 12-months ended 31 March, down 19.5% on the previous year mainly due to a £2.2m hit from closure of four depots. Group turnover for the year was up by 8.4% to £429m, however, when adjusted for the increase in Royal Mail prices implemented on 6 May 2011, revenue increased by just 3.2%. The company says the results reflect UK Mail’s resilience during a year of tough trading in markets […]
Croydon-based PF Whitehead Transport Services said volumes had recovered after it took a hit during the coronavirus pandemic in 2020.
Lockwood Haulage reported a 3.7% increase in turnover last year, which it attributed to investments in its fleet and its warehouse capacity.