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 […]
Fowler Welch saw turnover increase during the first half of this year after taking over transport operations at Dairy Crest’s Nuneaton NDC in 2016.
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.