All administration articles
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ArticleReborn temperature-controlled haulier has last laugh
The industry has been battered by administrations and closures this year, so it is heartening to see at least one success story emerge from the ashes of insolvency in 2024: AE Chilled’s pre-pack sale.
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ArticleYorkshire’s TEF Transport in administration
TEF Transport in Scarborough has entered administration with around 60 jobs potentially at risk.
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ArticleAdministrator spells out PT Hire’s MAN truck problems
More details have emerged about the collapse of truck rental firm PT Hire, with its administrator saying it had more than 80 MAN lorries off the road at one point due to “significant mechanical issues”.
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ArticleCentika’s administrator doubts distribution payout to creditors
Leeds-based haulier Centika Logistics, which collapsed earlier this year, is unlikely to be in a position to pay its trade creditors all of the £322,000 it is thought they might be owed, its administrator said.
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ArticlePalletways ‘leverages member strengths’ to fill Caledonian Logistics’ work
Palletways has confirmed that the work undertaken by Caledonian Logistics has been spread between two of its members in an effort to shore up a void left by the collapsed haulier in Scotland.
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ArticleYorkshire operator latest to file intention of administration
Scarborough haulier TEF Transport, which was established more than 50 years ago, has filed papers in court to appoint administrators.
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Article“Challenging trading” and lack of funding support sees Caledonian Logistics fall into administration
Inverness-based Caledonian Logistics has called in the administrators, just three years after being acquired by Staffordshire-based company Drac Logistics.
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ArticleLoss of £900,000 British Gas deal final nail in Trailar coffin, administrator reveals
Start-up firm Trailar Limited, which provided solar-powered panels for trailer roofs, collapsed into administration in August this year, owing £2.1m, after being hit by Covid, the Ukraine War, the international chip shortage, and a costly and failed attempt to gain equity funding, which contributed to British Gas pulling out of ...
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ArticleStruggling waste haulier sold to director’s son
Hampshire haulier PL Transport Logistics has been sold to its sole director’s son for £360,000 after it collapsed into administration.
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ArticleCartwright Bros site sold for seven figure sum
A former industrial unit that belonged to Cartwright Bros (Haulage) has been sold for its asking price of £3.3m following a bidding process.
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ArticleMcGregor Logistics sold in pre-pack administration agreement
Stricken South Yorkshire haulier McGregor Logistics has been sold in a pre-pack deal for £1.7m to an unconnected business, saving dozens of jobs.
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ArticleTruswell collapses with 86 staff made redundant
John Truswell & Sons, known as Truswell Haulage, has become the latest victim of crippling market conditions and entered administration.
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ArticleAdministrators take control of South Yorkshire haulier’s business
McGregor Logistics in Doncaster has officially appointed administrators to take control of its affairs, almost a month after it signalled it was in financial difficulties.
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ArticleSmartHub Logistics moves to appoint administrators
Construction logistics consolidation specialist SmartHub Logistics has given notice of its intention to appoint an administrator.
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ArticleInflation to blame for Wiltshire haulier’s administration
SL Transport’s collapse can be directly linked to soaring inflation which led to it suffering a loss of more than £200,000, according to its administrator.
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ArticleAdministrator spells out Kettering container haulier’s struggles
Almost 100 trade creditors of a Northamptonshire haulage firm that collapsed in the summer are owed nearly £1m, according to its administrator.
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ArticlePre-pack administration sale of JLF Moving Solutions after debts rack up
JLF Moving Solutions, a business within the Shift Group of companies, has been sold in a pre-pack deal after it hit financial difficulties, saving 55 jobs.
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ArticleAE Chilled snapped up for £100,000
The pre-pack sale of AE Chilled in August, caused largely by the collapse of its key customer UK Salads, cost £100,000, its administrator has revealed.
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ArticleH. Parkinson’s demise linked to dilapidations dispute
The company had been trading for more than 60 years.
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Article‘Business down the pan’: PT Hire in administration
Truck hire company PT Hire has entered administration, with insolvency experts citing “mechanical issues” with its fleet as a primary reason for its collapse.