A meeting of creditors of Leicester haulier A M Widdowson & Son will take place on 3 July ahead of a proposed CVA. According to a nominees’ report, seen by Motortransport.co.uk, Widdowson has appointed insolvency practitioners Leonard Curtis, which has recommended that for there to be a viable business going forward creditors will be returned 36.12p in the pound. It describes this as a “significant improvement on what would be available if the company were to be placed into liquidation”. […]
A commitment by Palletways member Rase Distribution to decline any residential deliveries of pallets weighing more than 750kg has cost it £13,000 this year in additional charges, the company revealed this week.
Aspray Group founder Pat Laight has severed ties with the business after its new owners, Bushell Investment Group, applied for a company voluntary arrangement (CVA), motortransport.co.uk can reveal.
Bardon, Leicestershire-based Premier Logistics (UK) has entered into a company voluntary arrangement (CVA).