Top 25 UK operators: full report available

Top 25 2015 Cover 8x10versionLondon, UK: The Cold Chain News Top 25 listing, produced in association with Thermo King, showing financial performance by turnover for the past four years, the fleet size by vehicle number and type, as well as the storage capacity of each company is available from Amazon priced £80 (US $125 Amazon.com).

The reports shows that for many operators 2014 was a strong year with the majority of temperature-controlled companies reporting growing turnover and many even experiencing double-digit growth.

Culina Logistics was the star performer in this year’s rankings with revenues climbing nearly 50%, from £169m in 2013 to £250m in 2014.

Another strong performer is temperature-controlled food services business Rick Bestwick, which saw its turnover jump a dramatic 33% over 2013’s figures. Investment and acquisitions helped expand the company’s cold storage space.

McCulla (Ireland) also stood out in this year’s list with an impressive 27% hike in turnover.

Turners named MT Temperature-Controlled Operator for 2015

London, UK: Turners (Soham) has scooped this year’s Motor Transport Temperature-Controlled Operator of the Year award, beating off strong competition from NR Evans and Yearsley Logistics.

The judges were impressed with the group’s strong financial performance, demonstrating a sustained year-on-year growth. One judge said: “Looking at the financials, the procedures are excellent. This is an outstanding document.”

Judges also praised the group’s “strong development of technology and excellent service”. They were impressed with its commitment to cold chain security. “The group has strong methodology in place and impressive accreditation.”

Turners (Soham) operates more than 600 temperature-controlled vehicles from 11 UK operating centres. It makes, on average, around 1,000 temperature-controlled deliveries a day.

Turners operates seven temperature regimes. Its Newmarket HQ operates five of these, which Turners believes is the only site in the UK to manage this number of different temperatures.

It bought temperature-controlled haulier Browns Chilled Distribution in 2011, integrating the temperature-controlled vehicles into its fleet.

NR Evans and Yearsley Logistics were shortlisted for this year’s award.

Rick Bestwick agrees bank funding deal

Scunthorpe, UK: Temperature controlled food services company Rick Bestwick, part of the Magnavale Group, has received funding of £4.8m from Aldermore.

Kevin Hancock, managing director,Rick Bestwick says Aldermore’s commercial acumen convinced him to switch to the challenger bank. “Aldermore’s funding will help us to grow in a sustainable and profitable way,” he said.

“We want to expand the business within the UK through acquisitions and partnerships, our new finance agreement will enable us to turn this goal that a reality.”

Wayne Spratt, regional sales manager for invoice finance at Aldermore, said: “We are delighted to support Rick Bestwick, the company has an experienced management team, exciting growth plans and excellent relationships with a number of major retailers.

“Aldermore was established to support businesses like Rick Bestwick, which are looking to access finance in order to invest and grow their business.”

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