Latest figures from Massey Wilcox show that it increased revenue by 8.3% but profits fell as it struggled to pass on running costs, particularly wages. For the year ending 31 May 2019, it reported a turnover of £12m, up from £11.1m the year before. Pre-tax profit reduced by 24% to £638,000, with operating profit falling by 16.4% to £811,000. MD Robert Wilcox (pictured) said the company had been successful in attracting new business during the period, but less so in […]
Cross-channel disruption and the migrant crisis, combined with bad debts arising from the steel crisis, saw Laser Transport International suffer a tough second half in 2015.
Car transporter company Drive Force (UK) had only just returned to profitability after experiencing 18 months of cash flow difficulties, before Covid-19 forced it into administration.
NWF Group, parent of Boughey Distribution, has recruited Brendon Banner as its new group finance director. Banner, who will take up his role in early November, is currently group finance director at steel engineering and fabrication group William Hare. He replaces Jonathan Ford, who is leaving NWF at the end of September to take up the role of chief financial officer at HomeServe. Earlier this month NWF reported that Boughey Distribution has seen turnover fall by £2.2m after the loss […]