Howard Tenens Logistics’ first full year of trading delivered more than £66m in turnover and pre-tax profits of £4.7m. The Stroud-based warehousing and logistics company was incorporated in November 2017, acquiring the trade and net assets of the distribution and warehousing business from parent company Howard Tenens on 1 April 2018. Reporting its first full year results to 30 September 2019, the company revealed a rise in turnover to £66.6m, compared to turnover of £36.4m in the 11 months to […]
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.
Kinaxia’s acquisition of AKW Group and Fresh Freight helped deliver a 48% rise in revenues in 2019, but the group’s continuing acquisition drive and IT investments contributed to a loss of £1.8m in the period.