Annual Report and Accounts 2017 Accounts and Report Annual Delivering Innovative Logistics Innovative Delivering Solutions Eddie Stobarteddie Plc Logistics

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report and Accounts 2017 Accounts and Report Annual Delivering Innovative Logistics Innovative Delivering Solutions Eddie Stobarteddie Plc Logistics Annual Report and Accounts 2017 Accounts and Report Annual Delivering innovative logistics innovative Delivering solutions Eddie Stobart Logistics plc Eddie Stobart Logistics plc Annual Report and Accounts 2017 Our vision is to be recognised for our pride and professionalism in delivering innovative customer solutions and service excellence Our core values Openness and Trust and respect Integrity Compassion Fun honesty We take the time to We put our employees We’re genuine and We like to enjoy We draw on our huge understand and listen to and customers first and sincere and show ourselves too, we depth and breadth of our colleagues and act in their best consideration by celebrate when we’ve expertise to make sure customers. We lead by interests. When things supporting others when done a good job we can be the best in example by keeping go wrong, as they will they need it most. and we recognise what we do by working things simple, setting from time to time, we’ll We take personal the achievements of collaboratively as clear goals and hold our hands up and responsibility for all our people. one team. achieving them. work to put it right. of our actions. Our Our Our Chief Our Our performance strategy Executive's Board financial statement statements Page 01 Page 08 Page 14 Page 28 Page 45 Contents Strategic Report Governance Financial Statements Our key highlights 01 Board of Directors 28 Independent auditor’s report 39 At a glance 02 Governance statement 30 Consolidated Income Statement 45 Our markets 04 The Board 31 Consolidated Statement of Comprehensive Income 46 Our operating model 06 Audit Committee report 33 Consolidated Statement of Changes in Equity 47 Delivering our strategy 08 Directors’ Remuneration report 34 Consolidated Statement of Financial Position 48 Our acquisitions 11 Directors’ report 36 Consolidated Cash Flow Statement 49 Chairman’s statement 12 Statement of Directors’ responsibilities 38 Notes to the Consolidated Chief Executive’s statement 14 Financial Statements 50 Chief Financial Officer's statement 16 Company Statement of Financial Position 88 Our people 20 Company Statement of Changes in Equity 89 Systems and technology 22 Notes to the Company Financial Statements 90 Corporate social responsibility 24 Glossary 95 Risk management and principal risks 26 Advisors 97 Eddie Stobart Logistics plc Annual Report and Accounts 2017 Strategic report Governance Financial statements 01 2017 key highlights We’ve delivered a Financial strong performance Revenue with revenue £623.9m increasing by 9% +9% and underlying EBIT* Underlying EBIT* increasing by 17% £48.5m We have renewed contracts totalling more than £41 million and secured a further £89 million of +17 % new volume with new and existing customers Profit before tax We have seen significant revenue growth within our MIB (+37%) and E-commerce (+111%) £9.9m sectors providing a healthy balance to our sector portfolio -12% We have broadened and expanded our Net debt capabilities through targeted acquisitions of iForce, Speedy Freight and Logistic People £109.5m which are all performing to expectations -34% We have increased our warehouse capacity by c.17% across a number of new sites adding Adjusted EPS* much needed capacity and delivering value for our shareholders 9.8p We have invested in technology solutions to +24% enhance operational efficiency, support business growth and simplify back-office processes, including state-of-the-art in-cab technology and Statutory EPS warehouse management systems 1.2p We continue to invest in recruiting and in up-skilling our existing employees through -63% a broad range of courses delivered at our Training Academy in Warrington and our new Proposed total second facility in the Midlands dividend per share 5.8p * Non GAAP Alternative Performance Measure (see note 4 on page 61 of the accounts for reconciliation to statutory IFRS measure). Eddie Stobart Logistics plc Annual Report and Accounts 2017 02 At a glance Our network and scale We operate c.2,300 vehicles, c.4,000 trailers and 26 distribution centres, throughout the UK and Europe, providing our services to a range of national and international customers c47,000+ c1,850 Movements per week Containers delivered per week c5,700 4 Employees Rail connected c6.4m distribution sites Sq. feet of warehousing 4 Operating from UK ports 2 Training Academies Typical fleet coverage Eddie Stobart sites Rail connected sites Ports Eddie Stobart Logistics plc Annual Report and Accounts 2017 Strategic report Governance Financial statements 03 Our acquisitions Our network and scale has grown. iForce has three distribution centres and operations at six customer sites. Speedy Freight has 40 branches. Collectively these sites significantly expand the scale of the Eddie Stobart network 9 E-commerce end-to-end service solutions iForce sites 40 Speedy Freight branches iForce sites Speedy Freight branches By *Please see page 11 for further details on our acquisitions Eddie Stobart Logistics plc Annual Report and Accounts 2017 04 Our markets We offer focused, efficient and cost effective end-to-end supply chain solutions to businesses across a range of sectors The overall UK logistics market was valued at Manufacturing, 1 E-commerce approximately £70.3bn in 2015 . Industrial and Bulk (MIB) Historically, the overall market has grown in line with underlying growth in economic activity. Rapid growth in the online retail market has We provide services to MIB customers, been a key contributor to growth in the UK which include the movement of raw During the period 2011 to 2015 the market 5 grew at an aggregate CAGR of 2.4% per logistics market over the last five years . materials and components used in manufacturing processes, aggregates and annum2. The market is large and also highly The UK total E-commerce market (which fragmented with upwards of 50,0003 cement to construction sites, as well as the includes food and travel) has grown from specialist delivery of fuel. participants, with Eddie Stobart accounting £0.8bn in 2000 to £114bn in 2015 and for less than 1% market share4. £133bn in 2016 (16% annual growth)6. This market is highly fragmented and Within this overall growth rate, we are seeing relatively under-invested in terms of its This increase brings logistical challenges supply chain, especially when compared to the E-commerce sector growing at a much for our customers. In particular, for retailers faster rate than other sectors, in response to more advanced sectors such as Retail and the continuing trend of omni-channel Consumer. structural changes in consumer spending retailing requires specialist logistics patterns. In other sectors where growth more knowledge and skills. This presents Eddie Stobart with an closely reflects the market rate, we are seeing opportunity for growth at a rate faster than opportunities from customers who are More and more of our customers require an the underlying sector, through industry increasingly outsourcing their in-house end-to-end solution and this is driving the consolidation and the introduction of a operations. need for additional optimally located multi-user offer. warehousing space, increased use of IT Eddie Stobart remains well positioned for systems and more complex warehouse This is evidenced by the fact that while the growth due to the scale of our network and our operations, including returns management, MIB sector is only expected to grow at 1% pay-as-you go model, complemented by our product repair and online market place sales. per annum7, Eddie Stobart's revenue grew sector expertise and consulting-led approach, by 37% in the year. and our extensive warehouse capacity of This offers significant opportunities for our c.6.4m sq.feet (excluding sites we operate for newly acquired business, iForce, which has customers). the required technology, processes and skills to deliver a seamless retail customer We operate across four key sectors of the experience on behalf of existing and new market, chosen specifically because of the customers. complementary nature of their demand patterns across the sectors, driving effective utilisation and profitability Data Sources in both our warehouse 1. Top 100 in European Transport and Logistics Services 2015/2016, as at 31 December 2015 2. IBISWorld, Freight Road Transport in the UK, 2016; IBISWorld, Warehousing and Storage in and transport the UK, 2016; IBISWorld, Freight Rail Transport in the UK, 2016 operations*. 3. CTP, Industry Sector Guide – Transport & Logistics, March 2017 4. Motor Transport UK, Top 100 – 2016 5. Retailing in the United Kingdom, Euromonitor, February 2017 6. IMRG, Capgemini E-Retail Sales Index 7. Euroconstruct Database December 2016 Key MIB E-commerce Retail Consumer *Please see ‘Operating Model’ on page 6 for further information on how our assets are Eddie Stobart Logistics plc Annual Report and Accounts 2017 used at different times in different sectors. Strategic report Governance Financial statements 05 Retail Consumer Europe Store-based retailing in the UK was The UK’s fast moving consumer goods market Our European operations are headquartered estimated to be worth £361bn 2016 and is (FMCG), is relatively mature with forecast growth in Genk, Belgium and comprise two expected to grow at a rate of 0.4% per at less than 1% per annum to 20209. divisions: car storage and distribution and annum to 20218. general cargo. There are c.400 people This long-established sector includes the working in our European businesses. The key trend in this sector is a decline in movement of manufactured products, recent years of in store sales, due to comprising a broad range of both ambient and We also operate in joint venture arrangements increased competition from discounters, temperature-controlled goods, such as milk, at three sites relating to inspection and as well as the move from bricks and mortar soft drinks and personal care goods. preparation of finished vehicles. Please see sales to online retailing8.
Recommended publications
  • Annual Report and Accounts 2018 Eddie Stobart Logistics Plc Annual Report and Accounts 2018
    Eddie Stobart Logistics plc Delivering innovative supply chain solutions Annual Report and Accounts 2018 Annual Report and Accounts 2018 Eddie Stobart Logistics plc Annual Report and Accounts 2018 Who we are Eddie Stobart Logistics plc provides full end-to-end supply chain solutions across a number of leading brands within our core Consumer; E-commerce; Retail and Manufacturing, Industrial and Bulk sectors. Our specialised offerings in transportation, warehousing and value added services have helped develop strong partnerships within our diverse customer base. Our customers now recognise our overall supply chain capabilities. Our strategy is to deliver long-term value for customers and shareholders by further leveraging our existing skills to streamline our operations and further develop industry leading supply chain capabilities. Our vision is to be recognised for our pride and professionalism in delivering innovative customer solutions and service excellence Contents Strategic Report Governance Financial Statements 2018 key highlights 1 Board of Directors 28 Independent auditor’s report 39 Chairman’s statement 2 Governance 30 Consolidated income statement 44 Chief Executive’s statement 4 The Board 31 Consolidated statement of comprehensive income 45 Our Group’s network and scale 9 Audit Committee report 33 Consolidated statement of changes in equity 46 Our operating model 10 Remuneration report 34 Consolidated statement of financial position 47 Our strategy 12 Directors’ report 36 Consolidated cash flow statement 48 Chief Financial Officer’s
    [Show full text]
  • Application No: 13/4640M Location: Eddie Stobart Ltd, Knutsford Road, Chelford, Macclesfield, SK11 9AS Proposal: Outline Plannin
    Application No: 13/4640M Location: Eddie Stobart Ltd, Knutsford Road, Chelford, Macclesfield, SK11 9AS Proposal: Outline planning application for demolition of existing cold storage depot and development of site and adjacent car park land for a mixed use scheme comprising up to 122 dwellings with associated public open space, pedestrian crossing and relocation of bus stops on Knutsford Road and either up to 603 sqm of B1a business space and or car parking with all matters reserved, except for access. Applicant: Richard Butcher, Eddie Stobart Group Limited Expiry Date: 03-Feb-2014 SUMMARY RECOMMENDATION Approve, subject to conditions and the completion of a S106 agreement MAIN ISSUES • Loss of a site allocated for employment purposes • Housing policy and supply • Provision of affordable housing • Sustainability of the site and links between the site and Chelford Village • Noise issues from the railway line and Knutsford Road • Design, layout and density • The scale of the proposal – impact of height, mass, bulk, character and appearance of the area • Impact on residential amenity • Loss of a Preferred Site (WM23) for a Waste Bulking or Materials Recycling Facility • Flooding and drainage • Impact on landscape, trees and ecology • Impact on highway safety and traffic generation • Provision of open space • Redevelopment benefits • Heads of Terms for a Legal Agreement REASON FOR REPORT The application seeks outline consent for up to 100 dwellings with up to 603 sqm of business space and is considered to be of strategic importance. DESCRIPTION OF SITE AND CONTEXT The application site comprises the former Irlams Depot. The site was purchased from James Irlams and Sons in 2008, by the Eddie Stobart Group Limited.
    [Show full text]
  • Online Company Credit Reports. Speedy, Reliable and Competitively Priced!
    Online company credit reports. Speedy, reliable and competitively priced! Richard Edward Charles Butcher 906078545 Director Information Title Mr Honours Name Richard Edward Charles Butcher Number 906078545 Postcode W1D 4NS Address 22 Soho Square London England Date of birth January 1964 Nationality British Total current 20 directorships List of Current Directorships Company Name Number Company Status App. Date Res. Date Position IMPERATIVE ENERGY HOLDINGS 07890913 Company is dissolved 28/11/2014 Director (UK) LIMITED STOBART AVIATION FINANCE 06181302 Company is dissolved 10/04/2014 Director LIMITED STOBART AVIATION SERVICES 06180326 Company is dissolved 10/04/2014 Director LIMITED SPD (PETERBOROUGH UK) LIMITED 07656464 Company is dissolved 02/06/2011 Director AHC INTERNATIONAL LIMITED 03655720 Company is dissolved 22/09/2008 Company Secretary DITTON INTERMODAL FREIGHT 03655651 Company is dissolved 22/09/2008 Company EXCHANGE LIMITED Secretary A H C (PACKING) LIMITED 02193134 Company is dissolved 22/09/2008 Company Secretary WESTBURY (HULL) LIMITED 03724217 Company is dissolved 19/09/2008 Company Secretary HALLCO 1449 LIMITED 06103401 Company is dissolved 02/04/2007 Company Secretary GRASSGRILL LIMITED 05907285 Company is dissolved 13/09/2006 Company Secretary GRASSGRILL LIMITED 05907285 Company is dissolved 13/09/2006 Director TVFB LIMITED 03230331 Company is dissolved 04/02/2004 Director ESL LIMITED 02136761 Company is dissolved 04/02/2004 Director SCOTTS COMMERCIALS LIMITED 01839643 Company is dissolved 04/02/2004 Director EDDIE STOBART INTERNATIONAL 03458346 Company is dissolved 04/02/2004 Director (DEVELOPMENTS) LIMITED AST SIGNS LIMITED 04564916 Active - Accounts Filed 16/10/2002 Company Secretary TVFB (5) LIMITED 01964737 Company is dissolved 29/12/2000 Company Secretary N/A* - no information available Page 1/4 Online company credit reports.
    [Show full text]
  • 17 August 2007 Issue 96
    ISSN 1751-8091 RailwayThe Herald 17 August 2007 Issue 96 TheThe complimentarycomplimentary UKUK railwayrailway journaljournal forfor thethe railwayrailway enthusiastenthusiast For the latest issue and copies of all back issues, visit www.railwayherald.co.uk RailwayThe Herald Issue 96 Front Cover A Metropolitan line train from Uxbridge to Baker Street approaches Harrow- on-the-Hill on 10 June 2007, formed of Cravens-built A60 Stock with Driving Car No 5084 leading. Richard Tuplin Back Cover Pounding up Goodrington Bank, ‘King’ class 4-6-0 No. 6024 King Edward I makes a splendid sight heading for Kingswear with the inbound ‘Torbay Express’ from Bristol Temple Meads to Kingswear on 11 August. Chris Dixon Contents New brand image for East Coast as National Express wins ECML Page 3 Colourful new look for East Midlands Trains franchise Page 4 ABOVE: Kingfisher Railtours operated a special from Derby to Eastbourne on 16 August utilising EWS Class 37/4 No. ACLGs No. 86101 to be fitted with 37410. The train is pictured under the signal gantry at New Kew Junction running around 40 minutes late. Chris Holt OTMR equipment. Page 7 Submissions We welcome submissions from all Eddie Stobart involved in merger with property fund company readers, especially digital photographs. The Stobart Group Limited is to Limited and will have net assets and a rail terminal in Widnes. Pictures should be sent to the editor at be created through a proposed of over £250 million. Eddie Stobart has already [email protected] merger of the Westbury The merger brings together dabbled in railfreight activity Good quality scans of colour slides Property Fund Limited and two companies, which see huge through its contract with Direct and prints are also acceptable.
    [Show full text]
  • Pullman Car Services
    PULLMAN CAR SERVICES The Quality of Service is Remembered Long after the Price is Forgotten SPECIAL EDITION No.11 Pullman Car Services-Archive - Special Edition No.11 Stobart Pullman - Issue 1 - November 2017 Page 1 of 19 The Stobart Pullman was a rail tour operator in the United Kingdom, operating Pullman type charter trains, as Stobart Rail Tours. The company was a subsidiary of Eddie Stobart Ltd. and was operated by Stobart’s rail partner, Direct Rail Services (DRS). The Stobart Pullman had its origins in the August 2007 reverse takeover of Eddie Stobart Group by Westbury, which brought the Westbury rail company Victa Westlink Rail into the Stobart Group. Victa Westlink had the rail tour company Hertfordshire Rail Tours as a subsidiary. This tour company was rationalised and relaunched as the Stobart Pullman on February 12th, 2008, although using rolling stock and traction provided by DRS. The Pullman was launched with a lunchtime service for 200 people, the Wessex Circular, departing from London Victoria, travelling to Fareham, and returning to London at Euston. This service was run as a top and tailed train, powered by locomotives 47802 Pride of Cumbria and 47712 Pride of Carlisle in DRS compass livery, and a Stobart Pullman headboard. ©Brad Joyce. The ‘Stobart Pullman’ departing Southampton for Fareham on Tuesday February 12th, 2008. Pullman Car Services-Archive - Special Edition No.11 Stobart Pullman - Issue 1 - November 2017 Page 2 of 19 The Stobart Pullman comprised primarily rail tour charter trains, on circular dining trips and the regular scenic rail tour routes, and also trips to specific attractions, and to specific cultural and sporting events, such as Ladies’ Day at Royal Ascot, and the 2008 Open Golf tournament.
    [Show full text]
  • Morechoice Morecustomers Morechannels
    Park Group plc Group Park Annual Report2013 and Accounts More Choice More Customers More Channels Park Group plc Annual Report and Accounts 2013 Welcome Park Group plc is the UK’s leading multi-redemption voucher and prepaid gift card business focused on the corporate and consumer markets. Sales are generated through agents, our direct sales force and the internet. Contents Company Overview Financial Statements 2013 Financial highlights 1 Consolidated Income Statement 29 At a glance 2 Consolidated Statement of How we operate 4 Comprehensive Income 29 Our strategy 6 Statements of Financial Position 30 Key performance indicators 8 Consolidated Statement of Business Review Changes in Equity 31 Chairman’s statement 9 Company Statement of Chief Executive’s review 10 Changes in Equity 32 Financial review 14 Statements of Cash Flows 33 Risk factors 16 Accounting Policies 34 Board of directors 18 Notes to the Accounts 39 Notice of Meeting 63 Corporate Governance Directors and Advisers 64 Directors’ Report 20 Corporate Governance 21 Remuneration Report 25 Independent Auditor’s Report 28 Group billings (£m) 2013 Financial highlights £352.0m (2012 – £329.0m) 352.0 Billings increased 7 per cent to 329.0 297.6 £352.0m 250.5 263.2 (2012 – £329.0m) 2009 2010 2011 2012 2013 Profit before tax rose 11 per cent to Profit before taxation and other operating income (£m) £9.5m £9.5m (2012 – £8.6m) 9.5 (2012 – £8.6m) 8.6 7.0 Finance income of 6.2 £2.0m 5.3 2009 2010 2011 2012 2013 (2012 – £1.7m) Dividend for year lifted 5 per cent to Dividends per share (p) 2.10p (2012 – 2.00p) 2.10 2.00 2.10p 1.70 (2012 – 2.00p) 1.32 1.32 Total cash balances peaked at £170m 2009 2010 2011 2012 2013 (2012 – £152m) Total adjusted basic earnings per share (p) 4.58p (2012 – 3.91p) Online orders over 4.58 3.91 3.17 £122m 2.44 (2012 – £100m) 2.14 2009 2010 2011 2012 2013 Park Group plc — Annual report and accounts 2013 01 Serving our customers The success we enjoy is against a backdrop of high levels of customer service, strong financial control, innovative marketing and investment in technology.
    [Show full text]
  • 4. 2017 AIM Admission Document
    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about the contents of this Document, you should consult your stockbroker, bank manager, solicitor, accountant or other independent professional adviser who specialises in advising on the acquisition of shares and other securities and is duly authorised under the Financial Services and Markets Act 2000 (as amended) (‘‘FSMA’’), if you are resident in the UK, or if you are not resident in the UK, from another authorized independent adviser. THE SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES UNLESS THEY ARE REGISTERED UNDER APPLICABLE LAW OR EXEMPT FROM REGISTRATION. EDDIE STOBART LOGISTICS PLC DOES NOT INTEND TO REGISTER ANY PORTION OF THE PLACING IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFER OF SECURITIES IN THE UNITED STATES. NO MONEY, SECURITIES OR OTHER CONSIDERATION IS BEING SOLICITED AND, IF SENT IN RESPONSE TO THE INFORMATION CONTAINED HEREIN, WILL NOT BE ACCEPTED. Application has been made for the entire issued and to be issued ordinary share capital of the Company to be admitted to trading on AIM, a market operated by the London Stock Exchange. It is expected that Admission will become effective, and dealings in the Ordinary Shares will commence on 25 April 2017. The Existing Ordinary Shares are not dealt on any other recognised investment exchange and no application has been or is being made for the Ordinary Shares to be admitted to any such exchange. AIM is a market designed primarily for emerging or smaller companies to which a higher investment risk tends to be attached than to larger or more established companies.
    [Show full text]
  • AIM MARKET UPDATE August 2017
    AIM MARKET UPDATE August 2017 Allenby Capital Limited is authorised and regulated by the Financial Conduct Authority (register no. 489795) and a member of the London Stock Exchange and NEX Growth Exchange Market 1 Information sourced from London Stock Exchange and Allenby Capital CONTENTS ]] Overview 3 ]] New Admissions 4 ]] Secondary Fundraises 19 ]] Trading Volumes 24 ]] AIM Market Overview 28 ]] Main Market Overview 32 ]] Allenby Capital Overview 33 2 OVERVIEW The summer months were strong for AIM. decision to join AIM. 42% of funds raised AIM MARKET New and Secondary raisings The average monthly raise of £760m at IPO during 2017 have been for exiting (primary and secondary issues) was well shareholders, a larger share than the 28.7% 1400.0 Money raised £m New above the £370m average raise of the first recorded in 2016. The 2017 figures have Money raised £m Further five months. The year-to-date total amount been boosted by several large deals such as 1200.0 raised through the end of August of £4.17bn the owners of Eddie Stobart Group plc and is already approaching last year’s total of Strix Group plc taking money off the table at 1000.0 £4.77bn with four months of statistics still IPO - £271m and £190m respectively. to be recorded. Both new issues (+51% yoy) 800.0 and secondary raisings (+41.5%) have been The collective market capitalisation of AIM strong compared to the same period through broke through £100bn in August for the first 600.0 2016. time since October 2007 and for the first time the average market capitalisation of Funds raised (£m) 400.0 We include vendor placings within our the 963 constituents broke the £100m mark, new issues statistics as we see them as an reaching £104.3m in August.
    [Show full text]
  • ESL AR COVER 2020 FINAL for WEBSITE.Indd
    Eddie Stobart Logistics plc Annual Report and Accounts 2019 Annual Report and Accounts 2018 Delivering innovative supply chain solutions Eddie Stobart Logistics plc Contents Strategic Report Letter from the Chairman 1 Structure illustration 2 DBAY 2 Strategy 2 Business and Financial Review 3 Risk management and principal risks 8 Governance Board of Directors 10 Chairman’s Governance Statement 11 The Board 12 Audit Committee report 14 Remuneration Committee report 16 Directors’ report 18 Statement of directors’ responsibilities 20 Financial Statements Independent Auditors’ report 21 Consolidated Income Statement 28 Consolidated Statement of Comprehensive Income 29 Consolidated Statement of Changes in Equity 30 Consolidated Statement of Financial Position 31 Consolidated Cash Flow Statement 32 Notes to the Consolidated Financial Statements 33 Company Statement of Financial Position 72 Company Statement of Changes in Equity 73 Notes to the Company Financial Statements 74 Glossary 80 Advisors 81 Annual Report and Accounts 2019 Strategic report Letter from the Chairman Strategic report Dear Shareholders Our investment in the Eddie Stobart COVID-19 group To date the COVID-19 impact upon the Governance As your new Chairman, I am conscious that Following the DBAY transaction, a new board Company has been limited as the Company I join the business at a critical juncture for and leadership team, led by Executive is essentially a cash shell, but it has delayed the Company as we continue to explore Chairman William Stobart, its former COO the planned transition into an AIM investment opportunities to become an AIM investment and CEO, was put in at GWSA, the holding company as explained further in this report.
    [Show full text]
  • Corgi Road Transport 2007
    ROAD TRANSPORT FEATURE .qxd 25/9/06 16:35 Page 54 A warm welcome to the Road Transport section of the Corgi 2007 Collector range! This A long awaited range of JCB vehicles are being introduced throughout 2007. years range comprises a multitude of new transport areas to delight all as well as a host The range represents one of the world’s most recognised brands and all will be of re-liveried favourites. presented in specially designed JCB packaging. We are proud to introduce the new DAF 105 XF tractor unit, Scania P’ Rigid and two Finally to one of our long-standing favourites, Vintage Glory! The tooling investment Nooteboom Heavy Haulage Trailers alongside a fantastic new range of Collectable 1:76 into Vintage Glory sees Sights and Sounds incorporated bringing these decorative scale tractor units and trailers in our ‘Roadscene’ Collection. There are also 3 brand new display pieces to life. The Burrell Engine also makes its debut, it too offering both Vans in the shape of the Ford Transit, Vauxhall Vivaro and Mercedes-Benz Sprinter, adorned movement and visual effects. with the liveries of popular British companies including a range of SKY Vans in some of their most eye-catching graphics. We hope you enjoy all that this collection has to offer whatever your interest and passion. 54 Road Transport January - December 2007 ROAD TRANSPORT FEATURE .qxd 25/9/06 16:36 Page 55 Warbirds Collection Warbirds 55 www.corgi.co.uk 56-71 Fusion 26/9/06 17:09 Page 56 1:50 SCALE LIMITED EDITION The flagship of the Road Transport range – packed with superb, highly detailed models in liveries of the great names in British Haulage and new for 2007 the DAF XF 105 Tractor Unit.
    [Show full text]
  • Not for Distribution Directly Or Indirectly in Or Into the United States Or to Any U.S
    NOT FOR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES OR TO ANY U.S. PERSON IMPORTANT: You must read the following disclaimer before continuing. The following disclaimer applies to the attached final prospectus (the "document") and you are therefore advised to read this carefully before reading, accessing or making any other use of the attached document. In accessing the document, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. You acknowledge that this electronic transmission and the delivery of the attached document is confidential and intended only for you and you agree you will not forward, reproduce or publish this electronic transmission or the attached document to any other person. THIS DOCUMENT MAY ONLY BE DISTRIBUTED IN "OFFSHORE TRANSACTIONS" TO PERSONS OTHER THAN U.S. PERSONS AS DEFINED IN, AND AS PERMITTED BY, REGULATION S UNDER THE US SECURITIES ACT OF 1933 (THE "SECURITIES ACT"). ANY FORWARDING, REDISTRIBUTION OR REPRODUCTION OF THIS DOCUMENT IN WHOLE OR IN PART IS UNAUTHORISED. FAILURE TO COMPLY WITH THIS NOTICE MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS. NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S.
    [Show full text]
  • Contract Leads Powered by EARLY PLANNING Projects in Planning up to Detailed Plans Submitted
    Contract Leads Powered by EARLY PLANNINGProjects in planning up to detailed plans submitted. PLANS APPROVEDProjects where the detailed plans have been approved but are still at pre-tender stage. TENDERSProjects that are at the tender stage CONTRACTSApproved projects at main contract awarded stage. development Client: Comehomes City Council, 16 New Walk, Leicester, LE1 6UB 0121 344 4888 Contractor: Persimmon Homes (North monkBretton centre (conversion) Client: West Bowling CenturionWayWhitehallRoad/ Corporation Ltd Agent: CBP Architects, 44 Tel: 0116 252 7000 CliffordWalk,AlmaWayNorthEast Midlands), Persimmon House, Meridan East, Planning authority: Barnsley Job: Detailed Islamic Society Developer: J Redmile, 94 BradfordRoad MIDLANDS/ The Ropewalk, Nottingham, NG1 5DW Tel: LINCOLN £1m Newtown £2.2m Meridian Business Park, Leicester, LE19 1WZ Plans Submitted for 30 houses Client: Rombalds Drive, Gilstead, Bingley, West Planning authority: Kirklees Job: Plans Appr 0115 948 1144 LandtotheRear,2SadlerRoad Planning authority: Birmingham Job: Detail Tel: 0116 281 5600 Yorkshire Housing Agent: Acanthus WSM Yorkshire, BD16 3NB Tel: 0274 567891 On Appeal for public house/restaurant EAST ANGLIA PETERBOROUGH £20m Planning authority: Lincoln Job: Detail Plans Plans Granted for 31 residential units Client: NOTTINGHAm £3.5m Architects, Woodhall, 56 Woodhall Lane, GATESHEAD £0.72m Client: Marstons Inns & Taverns Agent: NeneParkAcademy,OrtonLongueville Granted for offices Client: Linwave Birmingham City Council (Housing Dept) 116-120TalbotStreet Calverley,
    [Show full text]