Birds Groupage Services’ auditor has raised concerns over the future of the loss-making company. Auditor RSM Northern Ireland’s concerns were raised in the operator’s latest abbreviated annual results to 30 September 2015. Despite parent company Ballyvesey Holdings’ waiver of a £4m intercompany loan in the period, the haulier made a loss of £22,109. This was an improvement compared with pre-tax losses of £211,000 and £397,000 in 2014 and 2013 respectively. Annual turnover was not published. The directors said they were […]
Stephen Turner, the MD of Currie European Transport, has led a successful MBO at the Dumfries-headquartered firm.
The directors at Birds Groupage Services and Montgomery Transport – the two operators that are part of Northern Irish conglomerate Ballyvesey Holdings – have said that they are “disappointed” with the financial performances of the businesses.
The Birds Transport & Logistics name, some assets and business, are believed to have been sold to HLD Group-owned Widdowson Logistics.