Tyne and Wear-based David Price Food Services has gone into administration just over a year after entering a Company Voluntary Arrangement (CVA). The chilled haulage division of the business stopped trading with immediate effect today – with 109 employees made redundant – but its cold storage division, which has facilities in North Shields and Glasgow, has been sold to Ice Company Distribution with 29 jobs retained. Its haulage operations were based at six depots in Bristol, Bury St Edmunds, Glasgow, […]
Gregory Distribution Limited snapped up the business, assets and goodwill of collapsed Oxfordshire firm Interoute Transport Services for just £75,000, according to the firm’s administrators.
Trade creditors of Prolog may only receive a tiny fraction of the estimated £10m owed to them after the company entered administration and was then sold off in parts.