Wirral-based transport and storage firm TWA Logistics has entered into a company voluntary arrangement (CVA) as it seeks to pay back more than £300,000. At a creditors meeting on 5 December 2014, 92% of creditors voted in favour of an arrangement that will see them receive a minimum dividend of 40p in the pound over a five-year period. Documents filed at Companies House show that the firm owed £324,404 as of 5 December. The CVA will see the Pallet-Track member […]
Despite selling a majority share to Rico Logistics in January last year and exiting its Company Voluntary Agreement (CVA) early, Circle Express made a loss last year.
The administrator attempting to salvage Prolog said it is in discussions with more than 70 interested parties to try and agree a sale of the Nottinghamshire warehouse and distribution firm.
Aspray Transport secures lifeline and looks to the future as company voluntary arrangement is approved
Creditors of Aspray Transport have voted in favour of a company voluntary arrangement (CVA).