Logistics firm Amco Services (International) was sold in a pre-pack deal that cost its management team £143,000, according to new documents. The company called in the administrators in April after the impact of the Covid-19 pandemic disrupted a turnaround plan launched earlier in the year in response to mounting cash and creditor pressure. The deal saved around 160 jobs and the firm’s depots in Redditch, Worcester and Telford were kept in operation. In a report to creditors, administrator Grant Thornton […]
Clipper Logistics almost broke the £200m turnover barrier in its most recent results, covering the six months ended 31 October.
Delivery firm DX is continuing to expand its network with the opening of two new depots in Westbury and Oxford.
Potter Group Logistics has credited stringent cost control, which hasn’t come at the expense of good customer service, for a 27% jump in annual pre-tax profit. Matthew Lamb, MD of Potter Group Logistics, said: “As always our focus is on delivering first class customer service. “We have achieved this while applying rigours controls on overheads across all areas of the business.” As a result, pre-tax profit in the year ended April 2012 was £1.04m (2011: £817,000), with turnover 2.8% ahead […]