Profits down at Knights of Old
15th March 2007, Page 17
15th March 2007
Page 17

Page 17, 15th March 2007
— Profits down at Knights of Old
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KETTERING-BASED haulier Knights of Old saw its operating profit and pre-tax profit fall in the financial year to 31 May 2006.
Operating profit dropped from 1820,519 to 1753,529, while pre-tax profit was down /728,863 to 1715,227, However, the company's abbreviated accounts do not reveal its turnover, Staff costs dropped from 14.42m to /3.93m during the same period, even though no jobs were lost.
No one from Knights of Old was available to comment as CM went to press.