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James Kemball pre-tax profit down by half

  • 04 July 2014
  • By Chris Tindall

Felixstowe container haulier James Kemball saw its pre-tax profit decrease by more than half in the year ended 31 March.

Accounts filed at Companies House show that the firm made a £395,000 profit in the 12-month period, compared with £967,000 for the previous 15 months.

Turnover appeared to better reflect the reduced length of the accounting period, with sales of almost £19m, compared with £24.5m in 2013. Of this, £18.9m was from turnover generated in the UK, with the remainder overseas.

Kemball general manager Chris Abbott declined to comment, but in the accounts’ business review it stated: “The directors are pleased with the results for the year, despite a relatively small decrease in the company’s turnover this year after adjusting for the extended length of the previous accounting period.”

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Article source: http://www.commercialmotor.com:80/latest-news/james-kemball-pre-tax-profit-down-by-half