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Saints soars into the black
Page 18
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AIRFREIGHT SPECIALIST Saints Transport boosted its turnover to nearly £22m in its last financial year and turned a loss into a pre-tax profit.
Saints' pre-tax profit was 1663.259 in the year ending 31 December, compared with a £183,434 loss in 2005.
The increase in turnover continued a pattern set over the past few years, from £15.9m in 2003, to £17.9m in 2004 and just over i20m in 2005.
The firm says that one reason profits have not matched these increases is that it invests heavily in keeping its fleet up to date. Chairman Martin Carroll says it has bought 80 vehicles this year alone under its policy of replacing tractor units every two years and trailers every 10. .
He adds that he is very happy with the way the business is going.
The company has depots near six UK airports.