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Treasure strikes gold with expansio
Page 13
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TANKER HAULIER Treasure Transport's balance sheet is looking healthy; following its move to a larger base its shareholder funds increased by 135.000 in 2(X)5.
Figures for the year to 31 December 2005 show a rise from £1.2m in 2004 following the relocation from Tuxford. Notts. to Grantham, Lines, in May 2005. Director Peter Greenhalgh says turnover increased during the period by 12% to L3.5rn and gross profit went up 13%. He adds that pre-tax profits dropped by 5% due to the cost of the new site.
TreasureTransport operates as a general haulier with a tanker arm; moving to the six-acre site in Grantham has allowed it to develop a tank cleaning s( Greenhalgh explains: "It gi another string to our bow.11 was arguably bigger tha wanted, but we will develop — there's room for expansior "We are pleased." he con( "Obviously it's not an easy : try to succeed in and do we we will just keep trying."