West Bromwich firm New Generation Courier (NGC) Logistics, which provided services across the UK and Europe, has entered administration.
Insolvency practitioners from both Leonard Curtis and Carter Clark were appointed to the business on 29 March.
The administrators were unable to comment as we went to press, but a statement on NGC’s website said: “The affairs, business and property of New Generation Courier Logistics Limited are managed by the joint administrators, Alan Clark of Carter Clark and Neil Bennett of Leonard Curtis Group, who act as agents of the company and without personal liability.”
NGC Logistics was incorporated in 2008 and it holds standard international operator licences in the East of England and West Midlands traffic areas, authorising 10 and 16 HGVs respectively.
It offered next day express package deliveries, European business-to-business freight, warehousing and storage options, as well as returns services to customised deliveries.
Its last available set of financial results said its core activity remained a final mile delivery service.
For the year ending 31 July 2019, the company made a pre-tax loss of £137,000 on a turnover of £26.2m.
