The administrator for a Somerset haulage firm is trying to rescue the business through a company voluntary arrangement (CVA) after a review of its financial position showed that it was still solvent. Insolvency practitioners at Leonard Curtis said S C Lyons Haulage had “strong outgoing cumulative net cash flow projections” and was solvent on a […]
Europa Worldwide Group has revealed its results for the year ending 31 December 2019, showing turnover increased from £176m to £205m and net profit before tax increased to £6m from £5.2m in 2018.
Circle Express’ losses deepened last year despite volumes recovering to 80% of pre-pandemic levels. According to its latest results for the year to 31 March 2022, the West Drayton-based express delivery firm saw revenues rise to £24.2m (2021: £22.1m). However its pre-tax loss deepened to -£4m (2021: -£1.7m), exacerbated by a “one-time expense charge” of […]
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.