Arcese UK’s losses mount up

Arcese UK's losses mount up

Pre-tax losses at Arcese UK mounted up last year, as the Tilbury and Daventry-based business saw an initial recovery towards the end of 2019 stall as a result of the Covid-19 pandemic. Latest results for the European and domestic logistics firm showed that turnover fell 16% to GBP19.3m in the year ending 31 December 2020. It recorded a pre-tax loss of GBP1.3m (GBP985,000).

In a business review, the company said it experienced a "marked change" during the first half of 2020, [...][1]

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