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131:NTON BROS Transport fell further into the red last year

21st October 2010
Page 8
Page 8, 21st October 2010 — 131:NTON BROS Transport fell further into the red last year
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Which of the following most accurately describes the problem?

posting a £142,694 loss for the year ended 31 January 2010, compared with a loss of £37,927 in 2009.

During the same period, turnover at the Boston, Lincolnshire-based haulier fell 16.6% to L11.5m from 1:13.7m.

The directors' report states: "The company has had to absorb serious fuel price issues, as well as the effect of the recession.

"The directors feel they have managed these issues well, and are well positioned within the industry to service the customers as they come out of recession."

As CM went to press, no-one from Benton Bros was avilable to comment.

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Locations: Boston, Lincolnshire