All administration articles – Page 11
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Article
Ware Transport assets snapped up after airfreight specialist enters administration
Birmingham-based Ware Transport has been snapped up by Trilogy Freight after entering administration.DVSA records show air freight specialist Ware Transport (Birmingham) was authorised to run more than 20 vehicles at its base near Birmingham airport and also a Manchester site.A sub-contractor for the business, which lists its directors as Sarah ...
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ArticleMurrays Pallet Logistics in administration
Carlisle-based Murrays Pallet Logistics has entered administration.The company was a member of pallet network Palletways, but according to a spokesman the pallet service will continue because a network member has stepped in to handle the postcode.“The Palletways network services previously provided by Murrays will be picked-up by Beaches Logistics. We ...
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ArticleFleetstyle Distribution sold to Gateway to Wales after entering administration
Fleetstyle Distribution in South Wales has entered administration, 25 years after it first opened.The Swansea haulier, which had an O-licence authorising nine HGVs, appointed administrators on 11 September, but according to a spokesman at the firm its business and assets were then sold in a pre-pack deal.When MT contacted the ...
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Article
Contact Transport goes into administration with the loss of 61 jobs
Birmingham contract haulier Contact Transport has gone into administration with 61 employees made redundant.The company appointed administrators from RSM on 20 April and the business is now being wound down.RSM said the company suffered losses following a drop in turnover volumes, high vehicle damage and insurance costs, as well as ...
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ArticleWiddowson Logistics in possible pre-pack administration as former staff go unpaid
Widdowson Logistics has gone into administration.But a new business, Glenfield Storage Solutions, which shares directors with Widdowson, has been registered at its Mill Lane headquarters in Glenfield, Leicester.Widdowson, part of the Davis Haulage Group owned by investment firm HLD Group, was placed into administration on 23 January with Leonard Curtis ...
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Article
Widdowson Logistics returns to administration
Widdowson Logistics, part of the Davis Haulage Group, has entered administration once again.The move came a month after stablemate Davis Haulage, which was subject to a company voluntary arrangement, also appointed administrators and was subsequently purchased by Buffaload Logistics.Papers filed in the Manchester District Registry state that Widdowson Logistics, which ...
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ArticleBuffaload Logistics buys Davis Haulage out of administration
Davis Haulage, the Crewe-based chilled distribution firm, has been bought out of administration by competitor Buffaload Logistics.Buffaload MD Julie Feltwell said she “couldn’t be happier” after she rescued the business by snapping it up for an undisclosed sum.Feltwell declined to comment on the circumstances leading to Davis Haulage's administration, but ...
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Article
New owner of AM Widdowson claims haulier is now in strong position after pre-pack administration
The new owners of AM Widdowson & Son, the Leicester haulier sold in a pre-pack deal, have ambitions to grow the business and are on the acquisition trail for more logistics firms.Damion Davis, MD at Widdowson Logistics, said the haulier was now in a strong position to expand.It comes after ...
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Article
AM Widdowson & Son remains on the road after pre-pack administration
A pre-packaged sale of Leicester transport firm AM Widdowson and Son was the culmination of a torrid two years that included the loss of contracts, under-estimated fuel costs and management systems that were not fit for purpose.The company entered into administration on 6 July (CM 21 July) after falling into ...
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Article
AM Widdowson & Son placed into administration
Leicester freight transport business AM Widdowson & Son has gone into administration.Insolvency practitioners at Leonard Curtis were appointed to the company on 6 July, shortly after it had undergone a change of name to Loglecdissol.The company had been subject to a CVA since July last year that meant it had ...
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ArticleTachodisc saved from administration by FTA subsidiary
FTA subsidiary TDUK has bought Tachodisc out of administration.It will take control of the business and “certain assets”, the nature of which were not disclosed, with immediate effect.The business, which supplies tachograph equipment and compliance software, will trade under the TDUK brand and will be overseen by June Powell, director ...
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Article
Hargreaves Services buys Pryor Group after administration
Hargreaves Services has purchased civil engineering and earth moving group Pryor, after the latter was placed into administration.Pryor had been poised to enter administration since January “owing to a severe short-fall in working capital”.In a statement issued today FRP Advisory said the sale of the ongoing business, trade and certain ...
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Article
Pryor Group weighing up administration route
Civil engineering and earth moving group Pryor is understood to have issued an intention to appoint administrators.The company is understood to still be trading and exploring a number of options including a sale.Although Motortransport.co.uk had received reports that the firm's tipper fleet at its Harlow headquarters was parked up, a ...
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Article
City Link administration report shows how much creditors lose out
The publication of a progress report by City Link’s administrator earlier this week highlights just how much of a rough deal creditors get when a company goes into administration.Administrator Ernst & Young (EY) believes that non–preferential creditors, which include trade creditors who are collectively owed more than £30m, will only ...
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Article
City Link devised turnaround plan before its administration
City Link’s management had laid out plans to pull out of the B2C market and refocus the courier’s efforts on attracting higher-margin business shortly before its collapse, it has emerged.A report published by administrator Ernst & Young (EY) also revealed that the troubled parcels carrier saw a net loss after ...
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Article
Palletline member Orb Logistics in administration
Witham, Essex-based Orb Logistics, the succesor to Task Force Movement & Storage, has gone into administration.The Palletline member, which held O-licences to run 62 vehicles and 36 trailers from sites in Witham and Birmingham, appointed administrator Leonard Curtis on 28 July, Motortransport.co.uk can reval.The company, formerly known as Mission Logistics, ...
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Article
Seafield Logistics in administration
MT Top 100 company Seafield Logistics has been placed into administration.In a statement Grant Thornton confirmed it had been appointed as the firm's administrator today (11 June), with David Riley, Les Ross and Joe McLean handling the process.“Immediately following the appointment, the bulk powder transport business was sold to ...
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ArticlePalletways fills coverage gap as Heathcliff Haulage enters administration
Palletways has worked quickly to fill a gap in its coverage left by Cambridgeshire operator Heathcliff Haulage, which went into administration in January.The Wisbech operator, which covered the PE and CB postcodes for Palletways, left the network earlier this month.“This was a mutual decision based on the company’s ability to ...
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Article
JDL Logistics in administration with loss of 29 jobs
JDL Logistics has entered administration with the loss of 29 jobs.The Bedford-based operator entered administration on 30 October with Graham Wolloff of Elwell Watchorn & Saxton taking charge of the company’s affairs.In a statement the administrator said: “JDL Logistics had an average turnover of approximately £3.2million and operated a warehouse ...
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Article
C&H (Hauliers) parent Charles Gee in administration
The Charles Gee Group of Companies, parent company to C & H (Hauliers), entered administration today (21 October) following “acute cashflow problems”.The group’s 14 subsidiaries - including C&H (Hauliers) - provided, among other contracts, the transportation of wings for Airbus and the distribution of giant paper reels used at ...