Leicester freight transport business AM Widdowson & Son has gone into administration. Insolvency practitioners at Leonard Curtis were appointed to the company on 6 July, shortly after it had undergone a change of name to Loglecdissol. The company had been subject to a CVA since July last year that meant it had to pay creditors 36p in the pound in a payment schedule stretching to 2020. The terms of the agreement included the supervisors immediately petitioning for its compulsory winding-up […]
Former employees of a Birmingham contract haulier now in administration have been ordered to pay almost £40,000 in costs relating to road traffic accidents.
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.
Landbridge Logistics has stepped in to take over some of Surfair Global Logistics’ contracts after the company’s voluntary liquidation this week, Motortransport.co.uk has learnt.