Belfast Telegraph

Co Antrim haulage company McCulla's profits fall by 8.1% despite rise in sales

By Rachel Martin

Co Antrim haulage company McCulla Ireland has upped its sales by nearly £2m in a year, according to its latest accounts. The business, which employs more than 200 people, had sales of just under £22m in 2016 - up by 8.1% from £20.3m the year before.

However, despite the rise in sales, its accounts also showed a drop in pre-tax profits, down around 10.5% on the year ending December 31, 2015.

Major costs in the latest reporting period included investment in eight transport units.

The workforce also increased by more than 40 people, from 160 to 201 employees.

The firm's success seems to have continued into this year, with growth cited as the reason the business is seeking to employ several new drivers.

Turnover, meanwhile, was up 8.1% on the year before, from just over £20m in 2015 to just under £22m for 2016.

The company is in the process of taking on new staff on the back of growth, requiring GB-based and international drivers who will be required to travel to EU countries.

The news comes just weeks after the logistics company won temperature-controlled operator of year at the Motor Transport Awards.

The company was set up in Lisburn in 1969 by David McCulla, and is now led by his son and daughter, Ashley McCulla and Carol Thompson, who take on the roles of managing director and finance director respectively.

Since they took over the family firm in 1992, the pair have grown its turnover from £700,000 to almost £22m.

Mr McCulla said the company's 200-strong team had made the growth possible.

Belfast Telegraph

Popular