Key factors leading to Surfair Global Logistics demise were the owner’s inability to spend “sufficient time” at the business, due to a family bereavement, and an “unexpected trading loss” after inaccurate reporting of the company’s financial position. The claims are made in a creditors report by administrators Milner Boardman & Partners following the voluntary liquidation of the company last month, which left over 80 creditors facing losses of more than £1m. The report says MD and owner Paul Cannon was […]
Former staff at Lincolnshire sugar beet haulier M and J Haulage are expected to be paid outstanding claims shortly following the firm’s collapse into administration last year.
Administrators working for warehouse and distribution firm Prolog said they had saved 130 jobs after selling off part of the business to clothing retailer Cotton Traders.
“Urgent action needed to stop avalanche of redundancies and insolvencies,” warns head of Logistics UK
Logistics UK has warned the government it needs to act now to stimulate economic activity and restore consumer confidence amid claims the nation’s businesses are “stagnating” after two months of cautious re-opening following the pandemic.