Interim results for Eddie Stobart Logistics (ESL) show that the troubled firm made a loss before tax of £199.8m in the six months ending 31 May 2019. The consolidated results had been delayed following an announcement by the company in August 2019 that work was being undertaken “to clarify the impact of certain accounting-related items”. The results show that although ESL increased revenues by 26% to £421.3m compared with the six months ending 31 May 2018, profits slipped deeper into […]
Turnover at Boughey Distribution fell during the first half of its current financial year, after the loss of a customer was not offset with enough new business. In a statement issued today by parent company NWF Group covering the six months ended 30 November 2012, it was revealed that turnover at Boughey Distribution fell 17.5% to £18.9m (2011/12: £22.9m). Boughey Distribution was hit particularly hard by the loss of a contract with AB World Foods in the period, which caused […]
CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%.
Miniclipper Logistics has expanded its operations and vehicle fleet due to increased demand for warehousing from existing customers, as well as new business wins. The operator has taken on an 87,000ft² warehouse a mile from its main base in Leighton Buzzard, Bedfordshire, boosting its overall warehousing capacity to 200,000ft². Jayne Masters, sales director at Miniclipper, said it had taken on the 15-year lease following an increasing appetite from both existing and new customers for storage space. She said the company, […]