The liquidator for Seafield Logistics received unsecured claims of more than £7m. A liquidator’s progress report from Grant Thornton, published as the failed business enters the final stages of the insolvency process, revealed claims for £7.1m were made following the operator’s collapse in June 2014. Grant Thornton said in the report that the final payout to those affected creditors will be 18p in the pound, or £1.3m, with the liquidator having now finished the process of pursuing outstanding debts. The […]
Widdowson Logistics’ sister company Davis Haulage owed unsecured creditors £4.7m when it was placed into administration just before Christmas.
Steve Granite, the chief executive of Abbey Logistics Group, has led a management buyout of the business for an undisclosed sum.