UK Pallets: The cost of closing down a pallet network

While sending a pallet has never been more affordable the same can’t be said if you are sending an actual pallet network on its final journey. UK Pallets, officially recorded as no more by parent company UK Mail in its April results, ultimately cost more than £10m to wind up (much tied up in writing down the value of the asset, as previously covered on Motortransport.co.uk). Having taken an impairment charge of £7.3m in regards goodwill from the original purchase […]