Collapsed Orb Logistics owed £1.2m


 

Former Palletline member Orb Logistics owed unsecured creditors over £1.26m when it went into administration earlier this year, it has been revealed. Orb, formerly named Mission Logistics, went into administration and ceased trading in July. It began trading, initially as Mission Logistics, when its directors bought the trading name and assets of the collapsed Taskforce Movement & Storage in a pre-pack administration in August 2013. According to a report by administrator Leonard Curtis, the Essex-based operator began experiencing financial difficulty […]