Creditors seldom get back all of the money owed to them when a company becomes insolvent, but you don’t have to take things lying down. When a company fails consideration is often given to those that lose their jobs, but creditors often have to face up to losing a lot of money too. This can be a double blow when the business and assets of the failed company are sold in a pre-pack deal to a connected party and it […]
Welch’s Transport’s move to newly acquired premises in Bedford and a continuing shortage of drivers during 2019 led to deepening losses and a 1.9% reduction in turnover.
Bibby Distribution has become the latest operator to commit to a fleet refresh, with MAN set to deliver a total of 450 TGX tractors to the business during the next 18 months. An initial 55 Euro-5 units have already entered service in the Bibby fleet, with 131 scheduled for delivery in September. The remaining 264 TGX 440s will be presented throughout 2013. All units are fitted with Microlise telematics, so by the end of next year the whole Bibby fleet […]
Some of road transport’s biggest companies could face a hit to their cash flow after the chancellor signalled he was bringing forward corporation tax deadlines forward yesterday.