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 […]
The logistics industry needs to be able to react quickly to changing consumer trends, especially as the UK has become one of the leading e-commerce markets, according to the FTA.
Former staff at Cartwright Group who lost their jobs when the business entered administration are pursuing legal action after alleging that it failed to properly consult them.
Abbey Logistics is targeting £25m to £30m in additional turnover within the next five years, taking its annual turnover to approximately £60m – as well as improving its profit margin to 3.5%, Motortransport.co.uk can reveal.