Creditors seldom get back all of the money owed to them when a company becomes insolvent, but you don’t have to take things lying down. When a company fails consideration is often given to those that lose their jobs, but creditors often have to face up to losing a lot of money too. This can be a double blow when the business and assets of the failed company are sold in a pre-pack deal to a connected party and it […]
Deben Transport was unable to save itself despite taking cost-cutting measures leaving it with no choice but to cease trading, as revealed by Motortransport.co.uk on Monday, its administrator has said.
Courier company TGH Logistics has gone into liquidation, owing creditors over £130,000.
DHL Supply Chain’s long-standing distribution contract with BHS will end on 6 August, the operator has confirmed, after the collapse of the high street retailer.