Boughey Distribution bounced back into the black last year, converting a £754,000 pre-tax loss into a profit of £310,000. The Cheshire-based company, which recently announced it was opening a new 237,734 sq ft warehouse at Crewe Commercial Park, also increased revenues by 18% in the year ending 31 May 2019, to £48.5m. Operating profit was £384,000, compared with a loss of £695,000 in the previous 12 months. In a review of the business the company said the trading period had […]
Stobart Group has entered the savings market with a new six-year retail bond. The retail bond is aimed at small investors, and will yield a fixed-rate of 5.5% per annum, while providing Stobart with another funding stream. Well known retail brands names such as Tesco, John Lewis and National Grid already market bonds, which offer investors relatively attractive interest rates in exchange for tying up their money. Stobart bonds will available to buy and trade on the London Stock Exchange, […]
A revival in activity within the construction sector helped ET Holdings more than treble profit before tax in the year to the end of March 2014, from £192,000 to just under £760,000.
AKW Group saw its annual pre-tax profit climb by more than 60%, despite a £600,000 write off, after it delivered better-than-expected sales at its transport, warehousing and contract packaging businesses.