A Growing Haulage Enterprise

A prime example of a business that has diversified to complement their traditional farming practices is Melrose Farms, near Banff, Aberdeenshire, run by brothers David and Stuart Allan.

EQ are the farm’s agricultural consultants, supporting the family with all of their finances such as annual accounts, tax work and specific advice on diversification projects, with Mark Smeaton, EQ Partner and specialist agricultural accountant, handling their financial affairs and visiting the farm regularly.

In 2010, the brothers decided to diversify into the renewables sector, erecting four wind turbines on their farm and have since then expanded their growing haulage fleet, from one lorry in 2015 to now running ten of their own lorries with up to a further five under a sub-contracted management to meet the demand.

“We undertake a wide variety of haulage. From all types of general agricultural supplies, to food stuffs, and even Christmas trees. From the north of Scotland all the way down to Cornwall. If it can fit on the back of a lorry, we will shift it!” said David.

With such significant additions to their business portfolio, the business has been transformed into a completely different ball game and one that they are very proud of. Stuart added, “EQ become immersed in any new area that we wish to explore, ensuring that we get the best possible advice and guidance on whether to pursue a new business interest, or leave well alone. There’s a perception that accountants just deal with your accounts, but EQ are much more than that. They’re always at the end of the phone when needed, guiding us in decision-making as we go through a typical year. EQ really are worth their weight in gold. We’re always on the look-out for the next business venture but wouldn’t do anything significant without consulting them first.” Mark Smeaton said, “We work with a wide variety of agricultural clients who require bespoke advice and assistance on a regular basis. We have a strong understanding of what our rural businesses want from a new project, whether it be a haulage business like the Allans to financing some farm equipment or buying land. It’s a pleasure working with the Allans, they appreciate the advice and input we provide and given that our presence in Aberdeenshire is rapidly growing, it’s a privilege to be able to offer our services to so many tremendous rural businesses in the North East of Scotland.”

To contact the Allans, email haulage@melrosefarms.co.uk.

■ L-R is David Allan, Dougie Allan, Mark Smeaton (EQ) and Stuart Allan from Melrose Haulage.