Arcese UK’s losses mount up


 

Pre-tax losses at Arcese UK mounted up last year, as the Tilbury and Daventry-based business saw an initial recovery towards the end of 2019 stall as a result of the Covid-19 pandemic. Latest results for the European and domestic logistics firm showed that turnover fell 16% to £19.3m in the year ending 31 December 2020. It recorded a pre-tax loss of £1.3m (£985,000). In a business review, the company said it experienced a “marked change” during the first half of 2020, […]