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”. […]
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.
With Widdowson Logistics in administration once more, Motortransport.co.uk revisits the events that lead to the operator’s pre-pack in July 2016. Although incorporated in 1975, business conducted by former coal merchant AM Widdowson & Son can be traced back more than 100 years. Like any haulage firm with a few years on the clock there’s been plenty of ups and downs, but for this Leicestershire outfit it’s been a particularly breathless few years. A stricken AM Widdowson was kept on the […]
Carlisle-based Murrays Pallet Logistics has entered administration. The company was a member of pallet network Palletways, but according to a spokesman the pallet service will continue because a network member has stepped in to handle the postcode. “The Palletways network services previously provided by Murrays will be picked-up by Beaches Logistics. We look forward to working with Beaches Logistics to deliver customer service excellence and maximize the advantages of Palletways membership,” the spokesman said Murrays Pallet Logistics received a formal […]