LTS Global Solutions said it was on course to end the financial year on a £12m turnover, representing a 14% increase at the Coleshill-based transport company.

It said it already had in place ambitious plans for growth and was aiming for £15m revenues in 2026 and reaching £20m within three years.

LTS added it had appointed a new sales director to help drive its expansion, as well as a senior business development manager.

However, MD Dave Hands said its upwards trajectory had not been without its challenges:

“We have had an exciting year and whilst our transport and shipping pillars have performed extremely well warehousing has been more challenging,” he said.

“However, having now gained our BRCGS AA accreditation and also with our new sales team in place we are forecasting a 40% growth in our warehousing business this year.

“We have laid strong foundations over the past 12 months which we are confident will stand us in good stead helping us drive continued growth.”

LTS Global Solutions MD Dave Hands with Mirza Baig, global business director.

LTS Global Solutions MD Dave Hands with Mirza Baig, global business director

The company’s efforts to reduce its carbon footprint recently saw it form a new partnership with net zero specialists Planet Mark.

This led to LTS Global Solutions gaining Planet Mark business certification, which certifies and recognises progress in reducing emissions across Scopes 1 and 2 and core elements of Scope 3.