The Widdowson Corporation has been officially dissolved, closing a tumultuous chapter in the long running saga that saw haulier AM Widdowson & Son hit the skids and ultimately cease to be. Widdowson Corporation was the company set up by HLD Group in 2015 to enable its purchase of AM Widdowson & Son in June that same year. Despite efforts to turn around the haulier, which once counted the likes of Waitrose as a major customer, via a Company Voluntary Arrangement, […]
The administrator for Tachodisc said it is not possible to provide an accurate estimate of when unsecured creditors are likely to receive the money they are owed.
Creditors at AM Widdowson & Son have voted to approve a CVA that will see them paid 36.12p in the pound.
Norbert Dentressangle’s five-year, £100m contract with Comet is in the hands of administrator Deloitte following the biggest high street collapse since Woolworths in 2008. Wincanton, Comet’s previous logistics partner, walked away from a warehousing and distribution deal with Comet on 30 April after it was unable to agree terms with OpCapita, the equity company that bought the chain at the start of 2012 from Kesa Electricals. A spokeswoman for ND said: “We continue to operate our contracts with Comet Group, […]