Established in 1953, Howard Tenens has evolved from manufacturing car crates to being a major player in UK logistics.
- The company boasts significant growth, with a pre-tax profit of £5.7m in 2022, and manages operations across numerous sites.
- Their relationship with Honda exemplifies a strategic partnership, focusing on enhancing efficiency and mutual value.
- Howard Tenens prioritises sustainability and resilience, investing heavily in solar energy across its expansive estate.
- Amidst economic challenges, Howard Tenens maintains a careful client selection process to ensure long-term, valuable partnerships.
Founded in 1953, Howard Tenens has grown from a modest car crate manufacturer to one of the UK’s leading privately-owned logistics firms. The company takes pride in its ability to handle complex logistics while maintaining long-term partnerships across sectors such as retail, FMCG, automotive, and packaging.
In recent years, Howard Tenens has experienced substantial financial growth. The company reported a pre-tax profit of £5.7 million in the year ending September 2022, up from £3.6 million in 2020, and a turnover of £106.1 million compared to £84.4 million two years prior.
A notable partnership is with Honda, which remains strong despite the latter’s shift in production strategy. Howard Tenens continues to support Honda with overnight parts distribution to UK dealers, showcasing the firm’s commitment to delivering mutual value beyond simple transportation.
Sustainability is integral to Howard Tenens’ operations. The company has invested approximately £12.5 million in solar energy infrastructure across its properties, indicating a firm commitment to environmental responsibility and operational resilience.
Economic uncertainty has not deterred Howard Tenens from its selective client approach. The company emphasises value in relationships, choosing to part ways with clients focused solely on cost rather than collaborative growth.
Howard Tenens’ innovative spirit is embodied in its subsidiary, HT Power, which rents rooftops for solar power generation. This initiative highlights the company’s forward-thinking approach, aiming to commercialise surplus energy capabilities.
Ownership of logistics and property assets is a strategic priority for Howard Tenens. The firm believes firmly in long-term stability and profitability, with emphasis on sustainable and enjoyable business operations, rather than expansive growth for shareholder satisfaction.
The logistics sector inherently involves complexity, yet Howard Tenens stands out for its emphasis on value-adding services. The firm offers much more than transportation, integrating technology and sustainability into its operations to enhance efficiency.
Pioneering decarbonisation efforts, Howard Tenens targets carbon neutrality by 2045, ahead of the UK’s 2050 objective. Emphasising sustainable transportation, they are shifting towards HVO and exploring electric vehicle trials.
Current market conditions present opportunities and challenges for Howard Tenens. As the company navigates rising operational costs and an uncertain economy, it remains focused on nurturing beneficial partnerships and leveraging its strength in logistics.
Howard Tenens exemplifies a firm that thrives on innovation and partnership, sustaining growth through strategic decisions and environmental stewardship.
