South West Delivery Services owed more than a £1m to creditors


 

South West Delivery Services owed almost £1.3m to creditors when it was placed into liquidation in June. Following liquidation, the operator’s business was acquired by Kay Transport, part of the Gregory Distribution group of companies, in a move that saved the majority of the workforce’s jobs. Significant creditors to the liquidated business as of 7 June included RBS Invoice Finance, which was owed £315,918; Mercedes-Benz Financial Services, which was owed £206,700; and Natwest, which was owed £128,481. Palletways, which both […]