Taxi Driver Online

DELTA Minicabs drives revenues but profits decline

DELTA Minicabs, the Sefton-based minicab group, has reported an increase in turnover for its most recent financial year, although profit before tax receded.

In the latest figures posted at Companies House the Bootle-based firm, which also runs a training academy and a garage and MoT operation in Crosby, outlined its trading performance for the year to April 2, 2014.

Its accounts revealed that turnover improved by 16%, increasing from £7.544m in 2013, to £8.776m this year.

However, profit, before tax was deducted, for 2014 was £440,641, which was down on the previous year’s pre-tax profit of £501,194.

After tax, the profit was £326,038, compared with £363,150.

The latest figures also showed that the amount of net cash held by the company rose by almost a quarter of a million pounds.

The accounts for DELTA Merseyside Ltd, signed off by director Paul McLaughlin, revealed that cash at the bank and in hand, at the end of the latest reporting period, was £1.920m, up from £1.670m the year before.

Charitable donations made by the company totalled £6,542, compared with £7,440 in 2013.

The directors’ notes, as part of the submitted accounts, only lay out the financial figures achieved by the business over its most recent reporting period.

Delta was founded in 1968, and, from its original Crosby base, it has grown into one of the busiest minicab operations in the industry.

It boasts around 2,000 private hire drivers and more than 200 professionally-trained support staff who handle in excess of 10m bookings a year.

Six years ago it relocated from its original Crosby home to a purpose-built £3m control centre on Strand Road in Bootle.

In recent weeks Delta has angered Hackney cab drivers in Liverpool with its push into the city centre with a new office.

Black cab drivers in the city believe the company is unfairly taking trade from them and even Mayor Joe Anderson says Delta is “saturating” Liverpool with its cars.

http://www.liverpoolecho.co.uk/news/bus ... ts-8301220

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