Widdowson Logistics stablemate Davis Haulage owed creditors £4.7m when it collapsed


 

Widdowson Logistics’ sister company Davis Haulage owed unsecured creditors £4.7m when it was placed into administration just before Christmas. A newly published joint administrators’ statement of proposals from Leonard Curtis also revealed that Buffload paid just over £1.8m for the business via a pre-packed sale on the 23 December. The sale included certain plant, stock and leasehold property of the business, as well as goodwill, book debts and the business name. It safeguarded 175 jobs at the Crewe-based firm and […]