Prestons of Potto rebounds after British Steel closure hits profits


 

The collapse of British Steel stopped Prestons of Potto making a profit last year, but its owner said the Northallerton company was now back in the black. Its latest set of results, for the year ending 31 December 2019, showed that the haulage and warehousing company made a turnover of £16.4m, down 1.4% from the year before. It also made a pre-tax loss of £97,000, although this was a significant improvement compared to its loss of £427,000 in 2018. The […]