Carlson Vehicle Transfer, part of Groupe Cat, has bought some of the remaining assets of Quantum Automotive out of administration. Quantum appointed administrators Simon Plant and Daniel Plant of SFP on 31 January just days before the assets of sister-firm Sensible Transport were acquired by Autologic after it fell into administration with debts of almost £1m. Stuart Warren, MD of Carlson, tells MT: “We bought a few remaining assets and we are looking to take on a contract with one […]
The Anderson Group “withdraws support” and moves to cut jobs at Sam Anderson (Newhouse) and T McMillan
The Anderson Group is mulling whether to close down two of its haulage operations – Sam Anderson (Newhouse) and T McMillan Transport – as it begins to make redundancies at both firms.
Wind turbine transport firm West of Scotland Heavy Haulage has entered administration due to “growing competition, rising costs and unsustainable cash flow problems”.
Creditors seldom get back all of the money owed to them when a company becomes insolvent, but you don’t have to take things lying down.