All administration articles – Page 11
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MT Article
Former Tuffnells staff seek legal advice over redundancy procedure
Tuffnells staff who worked at the parcel firm’s depot in Nuneaton have approached a law firm to find out if they can get compensation for the way their redundancy was handled.More than 2,000 jobs were lost at the Sheffield-based delivery firm when it collapsed into administration on Monday (12 June).Just ...
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MT ArticleFormer Tuffnells staff hit out as row over redundancy payments mounts
Advice for former staff of collapsed firm Tuffnells Parcels Express who are seeking redundancy and other related payments has been issued by the Insolvency Service (IS).It said individuals who had an employment contract with the business are eligible to apply for redundancy from the IS but that workers and self-employed ...
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MT Article
Please hire our people: Tuffnells plea as 2,200 workers face redundancy
Tufnells Parcels Express is seeing a rapid response to its plea for logistics firms to take on some of its 2,200 staff, who are facing redundancy after the IDW carrier was forced to call in the administrators yesterday (12 June).As the company's 2,200 staff were told that the “majority” of ...
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MT Article
Tuffnells prepares to call in administrators
Parcel delivery firm Tuffnells Parcels Express has filed a notice of intent to appoint administrators and is expected to formally announce administration on Monday (12 June).Law firm TLT LLP filed a notice of administration on behalf of Tuffnells on Friday (9 June). The Sheffield-based IDW carrier called its drivers back to ...
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MT Article
Cross Transport enters administration
More than 100 jobs are at risk after a Birmingham-based haulage company called in the administrators.Cross Transport, which has an operating centre in Swadlincote authorising 20 HGVs, appointed insolvency experts SFP to the business on 5 June.According to official documents, it was established in 2010.It operated a range of vehicles, ...
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MT ArticleNLH Logistics administration prompted by fuel prices, driver accidents and pest problems
The administrator handling Crewe-based NLH Logistics said the haulier battled major increases in fuel prices, high levels of driver accidents and even pest control issues at its depot before it collapsed.Insolvency practitioners at Dow Schofield Watts in Warrington were appointed to NLH Logistics on 17 March, however in a report ...
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MT ArticleCost-of-living crisis to blame for Phoenix’s demise
The administrator for a 33-year-old Warwickshire haulier said the business failed due to the cost of living crisis, which had squeezed consumer spending.Phoenix Worldwide Logistics provided logistics and warehousing services to customers worldwide and traded out of depots in Dunchurch, Rugby and Coventry.It held a standard international licence authorising 29 ...
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MT ArticleKent fruit haulier collapsed amid soaring overheads and operational difficulties, administrator reveals
The administrator of Kent-based Coolfruit said it had been unable to save the fresh fruit haulage business and was now attempting to sell off its assets instead.The Ashford company, which traded out of two operating centres and held a standard international licence authorising 25 HGVs and 25 trailers, appointed administrators ...
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MT ArticlePhoenix Worldwide in administration
Warwickshire haulier Phoenix Worldwide Logistics has entered administration.Incorporated in 1990 and trading out of four operating centres in the West Midlands, the company held a standard international licence authorising 29 lorries and 29 trailers.Around half of its fleet was stationed in Rugby and in Dunchurch.It also operated warehousing with 11,000 ...
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MT ArticleKent chilled distribution haulier enters administration
A Kent-based international fridge and container haulier has entered administration.Coolfruit, which traded out of two operating centres in the county and held a standard international licence authorising 25 HGVs and 25 trailers, appointed administrators from SFP Restructuring on 28 April.The haulier had been trading for more than 20 years and ...
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MT Article
Staff redundancies as Alliance Transport Technologies falls into administration
Alliance Transport Technologies Limited, which specialises in the remanufacture of electronic components used to decarbonise fleets, has fallen into administration after facing delays to the launch of a major new energy storage system (ESS).The company, which is based at two sites in Clowne in Derbyshire and Featherstone in West Yorkshire, ...
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MT ArticleCheshire haulier NLH Logistics in administration
A Crewe-based haulage company has entered administration, putting into doubt around 27 jobs.Insolvency practitioners at Dow Schofield Watts in Warrington were appointed to NLH Logistics on 17 March.The haulier holds a licence authorising 15 HGVs and five trailers running out of a Marshfield Bank operating centre.No-one from was available when ...
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MT ArticleKenyon Road Haulage and Kenyon Warehousing collapse with the loss of 108 jobs
A 90-year-old haulage company in Blackburn has entered administration with the loss of 90 jobs.Kroll Advisory in Manchester was appointed to handle the affairs of Kenyon Road Haulage and Kenyon Warehousing on 20 March and the businesses are now being wound down.A spokesman for Kroll said: “Michael Lennon and Steven ...
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MT ArticlePre-pack saves waste haulier after collapse into administration
A haulage firm providing services to the waste and recycling sector and operating 45 HGVs has been sold in a pre-pack deal after it collapsed into administration.Wrexham-based 4 Seasons Beer Tent Co, which traded as Ningbo Walking Floors, appointed administrators on 17 January after experiencing financial difficulties.Begbies Traynor said the ...
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MT ArticleMerseyside operator enters administration
A Merseyside-based logistics operator that traded out of two operating centres entered administration after its floating charge holder grew concerned about recovering its outstanding liability.Optimum Logistics ceased trading in November 2022 despite its most recent financial results showing that it had returned to profit by the end of 2021.In a ...
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MT ArticleEclipse Distribution goes into administration a year after sale
Loughborough-based Eclipse Distribution has entered administration, just a year after its founder sold the business to a private equity firm.Business advisory firm Armstrong Watson confirmed it had been appointed as administrator to the haulage and logistics company on 14 November and staff had lost their jobs.The company had traded from ...
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MT ArticleAir freight haulier Saints Transport goes into administration
Saints Transport has entered administration after struggling with the impact of the Covid-19 pandemic on the aviation sector.The company has appointed Paul Ellison and David Taylor of Reading-based KRE Corporate Recovery as its administrators.The Heathrow-based firm is the largest privately owned air freight specialist in the UK, employing around 350 ...
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MT ArticleSame-day courier Cargo Worldwide (UK) goes into administration
East London-based haulage and freight forwarding firm Cargo Worldwide (UK) has entered administration.According to documents filed at Companies House, insolvency experts at KBL Advisory were appointed to the business on 7 June.The company describes itself as an international freight forwarder and road freight firm, which trades out of an operating ...
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MT ArticleEvents haulier collapses into administration
A Herts-based TV and film logistics firm has entered administration after more than 15 years of trading.Mentmore Investments, which traded as Green Clover, operated a fleet of 45-foot curtainsiders and box trailers and 18-tonne HGVs out of its premises in Berkhamsted for clients working in film, entertainment and events.As well ...
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MT ArticleStruggling logistics firm rescued from administration by its management team
Nearly 200 jobs have been saved after midlands haulage firm Crouch Logistics was sold back to its management after it entered administration.Administrators at Leonard Curtis said they were appointed to the logistics and courier firm “following a difficult period dealing with increasing costs of labour, driver shortages and the Covid-19 ...