Turnover and margins up again at Tuffnells in 2020
The first full year back in private ownership by Tuffnells Parcels Express saw an improvement in revenue for the irregular weight and dimensions delivery firm. In the year ending 31 December 2021 the business reported a turnover of GBP178.1m, compared to GBP163.4m between January and December 2020. Pre-tax profit was GBP5.5m.
In a review of the business, the board said: "Coupled with strong, but sensible, cost controls, a drive to increase vehicle productivity and quality of service yielded a gross [...]