Former Euromix Concrete finance director David Marsh has been disqualified for eight years from any involvement in the promotion, formation or management of a company. It came after he provided the Insolvency Service with a disqualification undertaking, having admitted to fraudulent abuse of an invoice discounting facility. Marsh’s abuse involved him claiming funds for non-existent invoices and claiming to have made payments to the invoice discounters when no cheques were banked or were banked at a later date, the Insolvency […]
TNT said 2015 will continue to be a year of transition for the company after reporting third quarter turnover of €1.6bn (£1.2bn), up 2.3% year-on-year, and a €27m operating loss, compared with an operating loss of €51m for the third quarter of 2014.
John Hackling (Transport) saw pre-tax profits rise 41% last year, boosted by its newly opened depot in Swindon and Palletline’s decision to base a new regional hub at the depot during the period.
AM Widdowson’s unsecured creditors have been left almost £13m out of pocket after the pre-pack sale of the haulier in July.