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 […]
Civil engineering and earth moving group Pryor is understood to have issued an intention to appoint administrators.
In 1995, Abbey Logistics approached All Saints secondary school in Kirkby looking for talent to fill two management trainee vacancies. The young men it chose, Steve Granite and Paul Laverick, have grown up to become the current MD and commercial manager at the Merseyside company.
Trade creditors of Prolog may only receive a tiny fraction of the estimated £10m owed to them after the company entered administration and was then sold off in parts.