All administration articles
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MT ArticleStaffs haulier and driver agency for ‘prominent’ distribution firms enters administration
A Stoke-based driver training firm that also offers haulage services has collapsed into administration.
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MT ArticleGarage manager fraud and depot losses drove Welsh haulier to collapse
Freight Movement’s collapse into administration was brought about by financial difficulties caused by significant losses at one of its depots, bad debts and an employee defrauding it.
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MT ArticleCF Booth administrator completes sale of business and assets
The business and assets of CF Booth have been bought by a subsidiary of Yorkshire metal recovery and waste recycling company Ron Hull Jnr, saving 29 jobs.
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MT ArticlePlight of family-run Bedfordshire operator outlined in administrator report
A long-running Luton haulier attempted to continue trading with cash injections from family members before it finally succumbed to administration in November, documents revealed.
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MT ArticleWelsh haulier acquired by Monex following collapse into administration
A Newport-headquartered haulage company trading since 1998 entered administration and was then snapped up by Monex Distribution, in a deal that saved 61 jobs.
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MT ArticleDrac Logistics files second notice of intent to appoint administrator
Staffordshire logistics firm Drac Logistics has filed a notice of intention (NOI) to appoint an administrator for the second time in two weeks.
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MT ArticleWest Yorkshire haulier latest to fall into administration
Wakefield operator C&L Transport Services has entered administration after a creditor attempted to wind up the business.
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MT ArticleSale of South Yorkshire recycling firm ‘ongoing’
Administrators handling the affairs of Booth Transport said it was in the process of pursuing a sale of the business and had received “a range of bids” for the Rotherham haulier.
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MT ArticleGrays Transport (Derbyshire) fights for future after loss of major contracts
Ripley-based family firm Grays Transport (Derbyshire), which specialises in furniture delivery, has filed a notice of intention to appoint administrators, following the loss of major contracts due to key customers falling into administration.
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MT ArticleWJ Bennett & Son calls in administrators
Hampshire-based family haulage firm WJ Bennet & Son has fallen into administration.
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MT ArticleNotts haulage firm lodges intention to appoint administrator
A Nottingham-based haulage firm established more than 40 years ago has filed an intention to appoint administrators.
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MT ArticleSouth Molton Transport’s financial struggles outlined in report
A Devon haulier’s collapse into administration has been blamed on spiralling fuel prices, high financing costs and loans, as well as a VAT error in its accounts that added £280,000 to its debts.
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MT ArticleHMRC attempting to wind up Scottish transport and storage firm
One of Glasgow’s leading removals and storage companies has had a petition to wind up operations served on it, putting at risk nearly 20 jobs.
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MT ArticleTenants vacating premises precipitated Circle’s pre-pack sale
Circle Express was on the verge of becoming profitable following a major restructure when two of its business tenants announced they were moving out, making operations unsustainable according to its administrator.
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MT ArticleFigures suggest haulage insolvencies have peaked
The number of insolvencies in freight transport may have already peaked, according to estimated official figures for the sector.
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MT ArticleYorkshire scrap metal recycler and haulier in administration
One of the largest independent metal recycling companies in Europe and its transport arm have plunged into administration with the loss of more than 100 jobs.
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MT ArticleMT Transport and recycling firm sold for more than £3.5m
The pre-pack sale of a West Midlands metals recycler and its transport division just before Christmas cost its purchaser £3.6m, the administrator has confirmed.
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MT ArticleLoss of major contract led to Lancashire haulier’s closure
Earl Transport in Accrington collapsed after almost 30 years of trading when its largest customer enforced “uneconomical” restrictions on a contract and then withheld a £156,000 payment, new documents revealed.
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MT ArticleCircle Express’ purchaser says firm can “thrive”
The new owner of Circle Express said all 158 jobs at the air freight specialist were saved when it bought the firm out of administration just before Christmas.
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MT ArticleDevon haulier collapses with loss of 20 jobs
South Molton Transport, a North Devon-based aggregates haulier, has entered administration after it ceased trading in November.