Widdowson Logistics’ sister company Davis Haulage owed unsecured creditors £4.7m when it was placed into administration just before Christmas. A newly published joint administrators’ statement of proposals from Leonard Curtis also revealed that Buffload paid just over £1.8m for the business via a pre-packed sale on the 23 December. The sale included certain plant, stock and leasehold property of the business, as well as goodwill, book debts and the business name. It safeguarded 175 jobs at the Crewe-based firm and […]
Unsecured creditors of failed Deben Transport will not see a payout unless a claim relating to the truck cartel case proves successful, the firm’s administrators have said.
HMV transport providers TNT Express and TNT Post are awaiting the outcome of the retailer’s administration. Both carriers have confirmed that they worked with the music and film retailer, which appointed administrator Deloitte on Tuesday (15 January). A spokesman for TNT Post confirmed that the carrier would continue working with HMV as it trades through its administration. TNT Express confirmed that it worked with the retailer, but declined to comment further. On Monday, TNT Express revealed that UPS had pulled […]
DBC Foodservice had no vehicle assets despite having 230 of them when it went under in March, as its fleet was run on a contract-hire basis. The £300m turnover company supplied some of the best known cafes, restaurants and bars on the high Street including Caffé Nero, Prezzo, Loch Fyne and vodka bar chain Revolution. DBC’s fleet of mainly Dafs delivered 8,000 multi-temperature products to customers each year. However, after attempts to sell the business earlier this year failed, administrator […]