All administration articles – Page 13
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MT ArticleStanian Transport rescued from administration after costly failed takeover
One of the longest-standing haulage businesses in Manchester has been saved after it entered administration following a failed attempt to purchase another firm, according to its director.General haulier Stanian Transport, which held an O-licence for 35 trucks and 50 trailers, appointed administrators Alvarez & Marsal Europe on 18 November.Director Theresa ...
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MT ArticleCorporate Road Solutions 24:7 enters administration
Supermarket distributor Corporate Road Solutions 24:7, which traded as Beau, has entered administration with the immediate loss of 66 jobs.Based on the Redmill Industrial Estate in Bathgate, West Lothian, the company had operated as a road haulage contractor and freight forwarder since 2005.KPMG was appointed to the firm on Monday ...
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MT ArticleContainer haulier NT Whitfield enters administration
Well-established Stockton-on-Tees container haulier NT Whitfield (Transport) has entered administration.The company held a licence for 35 HGVs and 80 trailers and operated out of a four-acre site on Portrack Lane in Stockton-on-Tees.It was formed in 1981 and had grown to provide a range of haulage, warehousing and logistics services, but ...
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MT Article
Alton Transport Services goes into administration after CVA rejected
Hampshire logistics firm Alton Transport Service has entered administration.The company appointed Quantuma LLP to handle its affairs on 28 August, but according to director Michael Larvan, it has found a company to purchase its assets.When MT contacted the company, Larvan said: “We have been seeking advice from a solicitor and ...
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MT ArticleAspray Transport in administration due to "historical mismanagement", owners tell staff
"Historical mismanagement” combined with operating licence "issues", Brexit and rising fuel prices led to Aspray Transport's demise, according to a letter sent by the firm's owners to its employees. The company, which was the delivery arm of Aspray Group, ceased trading last week, six months after the group was acquired ...
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MT Article
Ian Aldridge Transport enters administration and ceases trading
Cornish haulier Ian Aldridge Transport has entered administration and ceased trading.However, a call to the company revealed that its haulage operation has apparently transferred to another business.Simon Girling and Christopher Marsden at BDO were appointed to the Launceston firm, which as well as general haulage also undertook refrigerated, waste and ...
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MT Article
Nicholson's Transport ceases trading after being placed into administration
Billingham-based Nicholson’s Transport has been placed into administration and ceased trading, motortransport.co.uk can reveal.Nicholson Group – the parent company - is not affected with its general haulage, Hiab, warehousing and pick and pack services continuing.However the business’s work for The Pallet Network (TPN) and The Hazchem Network has ended.Nicholson’s Transport ...
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MT ArticleAxis Fleet Management collapses into administration and ceases trading
Contract hire and rental firm Axis Fleet Management has entered administration and ceased trading.Insolvency experts at FRP Advisory were appointed to the company, with a head office in Long Hanborough, Oxfordshire on 10 May.In a statement from the administrators it said “challenging trading conditions resulted in cash flow difficulties and ...
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MT Article
Bedfords stablemate RPL Transport in administration too
RPL Transport has followed parent company Bedfords Group into administration, motortransport.co.uk has learnt.RPL Transport, which trades as RPL Logistics and is based in Milton Keynes, appointed Howard Smith and David Costley-Wood from KPMG’s restructuring practice as administrators today (1 April).Smith and Costley-Wood were appointed administrators of Bedfords Group (Bedfords Limited) ...
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MT ArticleBedfords Group collapses into administration and ceases trading
Bedfords Group has been placed into administration and has ceased trading.Howard Smith and David Costley-Wood of KPMG were appointed to handle the insolvency of Bedfords Limited, which trades as Bedfords Group, on March 27.A skeleton staff has been retained to assist the administrator with the insolvency process at its main ...
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MT Article
Mark Priestley SDT sold after being forced into administration
Air freight logistics and refrigerated transport company Mark Priestley SDT has been sold to a new company after it entered administration.The Slough-based company, which held an international and national operators’ licence and ran more than 20 lorries out of four operating centres, went into administration on 22 February after a ...
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MT Article
TAS Transport ceases trading and enters administration
Palletways member TAS Transport has ceased trading and been placed into administration, motortransport.co.uk can reveal.The haulier, based near Heathrow airport, also offered airfreight and international cargo services from its base at Bilton Way in Hayes, Middlesex.TAS Transport, which briefly left Palletways for Palletline in 2011 before returning, was accorded a ...
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MT ArticleDuncan Adams believed to be in administration with 148 jobs at threat
Grangemouth Dock-based Duncan Adams is believed to have been placed into administration putting 148 jobs at risk.The haulier, established in 1960 by Duncan Adams, claims to be one of the largest privately owned haulage companies in Scotland.The firm, which has a base at Tyne Dock and an operating centre in ...
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MT Article
Woodall Group succumbs and enters administration
Woods (Haulage), the Birmingham transport company that parted ways with The Pallet Network (TPN) in December and is known as Woodall Group, has gone into administration.Insolvency practitioners from Duff & Phelps were appointed to the Coleshill haulier earlier this month.The company has a licence authorising a total of 54 HGVs ...
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MT Article
Simon Widdowson in administration
Haydock, Merseyside-based Simon Widdowson has entered administration.Gareth Rusling and Claire Dowson are handling the process for insolvency practioner Begbies Traynor, which according to newly published records at Companies House was appointed on the 21 December.The directors of the company are Simon and Derek Widdowson. The business held an O-licence authorising ...
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MT Article
Hawk Plant (UK) collapses into administration
One of the largest independent plant hire firms has entered administration, two months after it said the collapse of Carillion had caused it disruption.Restructuring firm EY was appointed to Shropshire-based Hawk Plant (UK) on Monday (14 January), as well as to subsidiary businesses Hawk Plant Hire, Hawk Hire, Safety and ...
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MT Article
Almtone owned Canute Group placed into administration; some jobs saved but 450 lost
The reign of Almtone-owned Canute Group came to an end today (21 December) just over seven months after it began with the pre-pack administration and sale of its predecessor company.Close to 600 staff at the firm were informed verbally at 4pm today that the business would be moving into administration ...
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MT ArticlePalletways buys network member Systematic Logistics International out of administration
Palletways UK has purchased longtime haulier member Systematic Logistics International (SLi) after it was placed into administration yesterday (29 November).A sale of the business assets of the Colchester-based firm, described as having been a member of the network for 24 years, was completed by Palletways UK today (30 November).Barry Byers, ...
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MT ArticleProlog in administration and up for sale
Prolog, a Nottinghamshire warehousing, distribution and logistics provider, has been put up for sale after entering administration as expected.In a statement Rebecca Dacre and Simon Chandler of Mazars confirmed they had today (26 November) been appointed as joint administrators of Promotional Logistics, which trades as Prolog.“Prolog is a provider of ...
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MT Article
Prolog poised to enter administration
Prolog, a Nottinghamshire warehousing, distribution and logistics service, is expected to enter administration next week (26 November), its proposed administrator has confirmed.The company, which has licences authorising 16 HGVs out of its Sherwood distribution park depot, plus another seven from a site in Sudbury, Suffolk, employs 618 staff.Mazars said ...