Fowler Welch saw turnover climb 6% to £178.7m in the year to 31 March, although annual profit was pegged back due to operational inefficiency at certain depots. Topline growth was driven by two “significant contracts” that commenced mid-way through the financial year, as well as organic growth. In its results statement, parent company Dart Group said that while Fowler Welch had performed well in the year, varying chilled volume profiles at certain depots led to some operational inefficiency as customer […]
Roanza, the Mercedes truck dealer that entered into administration last month, had been racking up losses for several years, according to insolvency practitioners.
APC Overnight has reported larger parcel volumes this year as well as a greater uplift on its busiest day, after seeing increases in both turnover and pre-tax profit last year.
Global group Gefco, which owns Gefco UK, saw revenues fall by almost a fifth last year after Covid-19 forced the closure of its customers’ car manufacturing plants.