Cannock-based transport and training company Go Direct Recruitment Services has gone into voluntary liquidation after an accounting error left the firm with debts of more than £2.8m. The company, which has a licence to operate 62 trucks and 60 trailers and counted pallet supplier CHEP as one of its clients, called in the liquidators after HMRC alerted it to a potential £470,000 shortfall in regards a VAT liability in July. This led to the discovery of an additional debt owed […]
Pre-tax profit fell by a third last year at MT Top 100 company Fred Sherwood & Sons (Transport), despite a 2% increase in turnover.
UK Mail Group is expecting a 13% increase in turnover for the first half of this year, as it moves into a “challenging” 2013. Excluding Royal Mail price hikes that came into force on 2 April, the group is expecting a 10% increase in turnover on last year’s figures, as revealed in its pre-close trading statement published today (9 October). The firm stated that its performance in the first half of this year, ended 30 September, was “satisfactory” and in […]