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 […]
Clipper Logistics saw “unprecedented levels of activity” in its operations in the UK and continental Europe over the Black Friday and Christmas periods.
The former directors of collapsed parcel carrier City Link have been cleared of failing to inform the government of impending staff redundancies before it went into administration last year.
Europa Worldwide Group has revealed its results for the year ending 31 December 2019, showing turnover increased from £176m to £205m and net profit before tax increased to £6m from £5.2m in 2018.