Forecourt Trader - 30 years at the heart of the fuel retailing community

Profits increase at The Kay Group

03 June, 2015

Profits were up by 8% at Top 50 Indie The Kay Group, according to its latest set of results which have just been published.

For the year ending October 31 2014, pre-tax profit was £2.5m on turnover down 2% from the previous year at £89.5m. The group’s payroll increased to £2.2m from £2m over the same period.

In their report, the directors said it had been a very successful year's trading but they warned that issues such as the possible introduction of a minimum price on alcohol and changes to the sale of tobacco products could threaten the group's primary income streams in future years.

They added: “There was generally a heavy focus on reducing costs and this is reflected in the accounts, although the company still had to contend with increases in wages and salaries, market increases in energy and ever-increasing business rates.”

Blackburn-based The Kay Group was ranked 16th in Forecourt Trader’s Top 50 Indies with 16 sites, and it revealed planning applications were being made on three new-to-industry sites.





  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 11 June 2018
RegionDieselLPGSuper ULUL
East132.91139.84129.74
East Midlands132.3392.90140.65129.45
London132.9159.90140.05129.95
North East131.9166.90142.69128.69
North West132.16139.14128.71
Northern Ireland131.41135.23128.69
Scotland132.6053.43139.14129.44
South East133.0962.40140.26130.11
South West132.5769.90138.60129.50
Wales132.3959.17138.83129.10
West Midlands131.91139.91129.04
Yorkshire & Humber131.5955.70141.08128.54

Most read

Are you concerned about installing electric chargers on your forecourt from a safety point of view following comments made by the APEA about the potential dangers?

Calendar

See all events