UK logistics firm Unipart sees revenue top £1bn for the first time

British logistics agency Unipart noticed gross sales prime £1billion for the primary time final yr.

Unipart was created in 1974 because the spare components arm of British Leyland, which was as soon as the UK’s greatest automobile producer.

It break up from the group when government chairman John Neill staged a administration buyout of the enterprise in 1987.

Unipart now offers logistics and provide chain providers throughout 21 nations. Airbus, Volkswagen, Vodafone, Three and the NHS are among the many Oxford-based firm’s purchasers.

The agency is majority owned by its 12,000 staff, making it one of many UK’s largest employee-owned companies. 

It mentioned yesterday that income soared 14.2 per cent to £1.05billion final yr, up from £917.3million a yr earlier.

Earnings hit £21.7million in 2023, in contrast with £12.2million in 2022.