The German parent company of logistics firm Hellmann Worldwide Logistics has pledged to back its UK division until “at least” September 2020, after the Lichfield-based firm saw its operating loss almost double last year. According to its latest annual results for the year to 31 December 2018, the company saw its operating loss swell to £2.4m (2017: loss of £1.7m). This was despite turnover rising to £75.6m (2017: £74.9m), which the company attributed to its contract logistics division moving from […]
New business, better marketing and an emphasis on streamlining appear to have paid off for Cumbrian firm Stalkers Transport Services, which posted a pre-tax profit of just under £35,000 for the year to 30 September after two years of heavy losses. Turnover fell from £6.7m in the previous financial year to £5.7m, but it made a profit compared to a loss of nearly £125,000 the previous financial year and an even more hefty loss of nearly £290,000 the year before […]
Yodel has made its sixth pre-tax loss in a row, two years after it failed to hit its self set target of turning its first profit.
Advanced Processing, which trades as Advanced Supply Chain, took another step towards its target of £100m turnover by 2016, after a revealing a 57% rise in its most recent financial year. For the 12 months ending 30 June 2012 turnover rose to £28m, from £17.5m in the previous 12 month period. The garment processing specialist also increased its profitability, revealing a pre-tax profit of £1.1m compared to £508,333. In setting its £100m target for 2016, the Bradford-based operator has stated […]