An investment in Elddis Transport’s fleet and IT systems and the need to restate its 2016 accounts due to an “adjustment” in the way its hire purchase interest was reported, saw annual profit fall in its latest published accounts. In the year to 31 December 2017 the County Durham operator revealed a 5% rise in turnover to £26.9m (2016: £25.6m). However pre-tax profit fell to £479,000 (2016: £777,000) in the period. Speaking to MT, MD Nigel Cook, said: “Pre-tax profits […]
Members of the United Kingdom Warehousing Association (UKWA) will be among those showcasing their products and services at this year’s Multimodal.
“I’m sat looking at an old Commercial Motor cover from 2010”, says Elddis Transport MD Nigel Cook. “There’s a big picture of an Elddis truck on it with the words ‘collaboration is key to success’. Nothing has changed.”
Elddis Transport MD Nigel Cook has been appointed chairman of the High Cube Network, a consortium of eight operators, including Elddis, S&R Smith and Sons and Owens Transport, that was launched in April.