The administrator for Tachodisc said it is not possible to provide an accurate estimate of when unsecured creditors are likely to receive the money they are owed. In a progress report issued almost a year on from the company’s sale to FTA subsidiary TDUK, administrator BDO said it was also unable to determine how much money unsecured creditors, which submitted claims totalling £13.2m, would receive from the company. The largest claim of £11.74m relates to the Tachodisc pension fund. There […]
Unite has called on the management at DHL Supply Chain to clarify what impact the administration of customer BHS could have on its operation.
The Widdowson Corporation has been officially dissolved, closing a tumultuous chapter in the long running saga that saw haulier AM Widdowson & Son hit the skids and ultimately cease to be.
Creditors of Searon Logistics are thought to be owed £7.26m after the Felixstowe company’s fall into administration.