Hargreaves Services has purchased civil engineering and earth moving group Pryor, after the latter was placed into administration. Pryor had been poised to enter administration since January “owing to a severe short-fall in working capital”. In a statement issued today FRP Advisory said the sale of the ongoing business, trade and certain assets to Hargreaves (UK) Services, a subsidiary of Hargreaves Services, had secured the future of the Harlow-based business. FRP said Pryor has since the final quarter of 2015 […]
The Charles Gee Group of Companies, parent company to C & H (Hauliers), entered administration today (21 October) following “acute cashflow problems”.
Creditors seldom get back all of the money owed to them when a company becomes insolvent, but you don’t have to take things lying down.
Montgomery Transport founder Harold Montgomery has confirmed the demise of Birds Transport & Logistics, bringing the curtain down on a tough period for the well known Midlands firm.