Abbey Logistics and Lomas Distribution paid close to £300,000 for the majority of the bulk powder and warehousing business of collapsed operator Seafield Logistics. The combined sum has been revealed in a recently published progress report from Grant Thornton, which was appointed as administrator of the former MT Top 100 firm on 11 June 2014. The report, which covers the period from appointment up to 10 December 2014, reveals Abbey Logistics paid £187,000 for the majority of Seafield’s bulk powder […]
“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.
Companies owed money following the collapse of own account operator Poundworld Retail may only receive a tiny fraction of the estimated £204m owed to them, after the administrator said there was just £600,000 available to distribute.
JDL Logistics has entered administration with the loss of 29 jobs.