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 […]
North East haulage firm Elddis Transport reported “a solid performance” in its latest financial results, despite tough trading conditions.
Elddis Transport has joined Palletforce after a 17-year hiatus from pallet networks.
Elddis Transport has put its first urban artic on the road, as an alternative to the 18-tonne rigids it usually operates within towns and cities. Comprising a 10-metre Lawrence David engineered trailer pulled by a Euro-5 New Actros, the configuration was trialled in Manchester earlier this year and provides four additional pallet spaces (20 compared to 16) over a rigid. Elddis will take delivery of more shorter trailers in 2013. It is also due to receive the remaining four New […]