Freight transport company slips to a loss amidst economic headwinds
Haulage company, Clugston Distribution Services, has said national and international economic challenges which are out of its control continue to have a negative impact on its operations.
The Scunthorpe-based business has published its results for the year ended 29 March 2025, reporting a pre-tax loss of £558,806 compared to a profit of £102,328 in the previous year. It also recorded revenues of £21.9m (2024: £21.3m).
In its report, the company stated: "The direct costs of operating the business in a highly competitive marke... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
