1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196 
Archbold cut costs to boost profits
Page 7
If you've noticed an error in this article please click here to report it so we can fix it.
LEEDS HAULIER Archbold Logistics says efficiency gains through reduced empty running helped boost its pre-tax profits by 57% to £96,458 in the year ending 31 December 2004. Turnover rose 2')/0 to £18m.
Boss Stuart Archbold says 2004 was "a competitive year" but the business focused on improving its gross profit.
"We looked at reducing empty running and carried out analyses of all our vehicle movements," he explains. "Our sales were up slightly so alongside improving efficiency of the vehicles we were able to improve our gross profit. "Our customers, especially in the manufacturing industry, are finding things tough and can't afford to pay higher transport costs so we have to continue to improve the efficiency of our trucks if we want to improve profitability."
The £90,458 profit represents a margin of around 0.5%.
Parent company Archbold Holdings lost f263,290; down from a profit of f 116,268, a year earlier.
It cites lower than expected sales at its Shopbox Business System division. It hopes sales of its refrigerated container product will increase in the coming year.
Turnover rose 3% to f20.7m.