Plimsoll

New research into the financial performance of the UK Fresh Produce sector has revealed how the industry’s top companies have performed throughout the last 12 months.

Almost a quarter of all British businesses have been rated as Danger as the UK economy continues to be buffeted by the coronavirus, according to latest research from financial analysts Plimsoll.

Every business leader has those few strategic questions that they wish they had easy, ready-made answers to. Those key questions that keep coming up in every board meeting and around the water cooler cost time and money compiling that could be better spent acting on. Questions such as:

Eddie Stobart who recently suspended trading of shares after a multi-million pound accounting error that saw the firm’s profits shrink to a level which the Board has described as the ‘low end of expectation’, has been approached for potential buy-out by Dbay Advisors.

The road haulage firm started the year with an impressive performance, defying potential Brexit concerns with the prospect of a March departure, but suffered after a multi-million pound accounting error saw a decline in share performance. This could be what has motivated the firm that hold the third-largest share in Eddie Stobart to begin buy-out negotiations.

Plimsoll’s Road Haulage industry analysis shows consistent improvement in Eddie Stobart’s overall financial rating from 2014 to 2017. The company also came 7th in the industry for pre-tax profits, and 3rd in total sales in the industry back in 2017.

In spite of political uncertainty, a number of British industries have been enjoying solid growth in recent months.

According to Andy Williams, it’s the most wonderful time of the year - but for many of the industries that rely on it, Christmas 2021 looks set to be yet another filled with disruption and uncertainty.

The business press has been filled with stories of mega-deals for decades. Little surprise, the pipeline of consolidation deals among titans of industries has been plentiful since the turn of the millennium.

Leading figures in the glass market are warning that high energy prices could see many UK manufacturers shut down. David Dalton of the British Glass Manufacturers Association said some companies were days away from halting production.