Ex-employees of defunct business Innovate Logistics will receive surprise payments three years after the business was dissolved, after the administrators applied for a £470,000 rates rebate. Harry Yearsley is also in line for a payment after it helped pay staff wages at the time of Innovate’s administration more than six years ago. A spokeswoman for insolvency practitioners BDO LLP said it had been unaware at the time of the chilled logistics firm’s collapse of the possibility of a rates refund […]
Civil engineering and earth moving group Pryor is understood to have issued an intention to appoint administrators.
Just one year after being bought by Cathay Investments, Cardiff haulier Rhys Davies has gone under after accruing “unsustainable losses” during the Covid-19 pandemic.
Canute Group’s former pallet network is seeking to have the business wound up next month if it refuses to settle a bill of £47,489.35.