C Butt Logistics turned a profit in its 2017/18 financial year for the first time since 2014, 12 months ahead of its self-predicted return to the black. The business suffered a 30% increase to its pre-tax loss in the year ended April 2017 to £461,654 (2016: £355,761). But joint MD Jonathan Butt told MT in February that the operator was on the up and up again, and predicted it would be turning a profit again come 2019. Today (23 July) […]
C Butt is on the hunt for a new MD following the retirement of the company’s long serving boss Clive Hodgkinson.
C Butt made a loss for the year ending April 2016 of almost £356,000, but added its balance sheet and cash reserves remained strong.
C Butt saw both its pre-tax and turnover crash in its most recent financial year, after the loss of three major contracts.