Reasons for Surfair Global Logistics demise laid bare by report


 

Key factors leading to Surfair Global Logistics demise were the owner’s inability to spend “sufficient time” at the business, due to a family bereavement, and an “unexpected trading loss” after inaccurate reporting of the company’s financial position. The claims are made in a creditors report by administrators Milner Boardman & Partners following the voluntary liquidation of the company last month, which left over 80 creditors facing losses of more than £1m. The report says MD and owner Paul Cannon was […]