CJ Express creditors facing close to £1m shortfall, liquidator reveals

CJ Express

Creditors of Hull-based CJ Express could be left close to £1m out of pocket, according to the collapsed company’s statement of affairs. Liquidator Leonard Curtis has estimated a deficiency in regards unsecured creditors of £978,570. The statement reveals little in the way of assets for the haulier, which was placed into an insolvency procedure last month, with the majority of its vehicles on a finance lease with Mercedes-Benz. The two largest unsecured creditors are CJ Express’ parent company Premier Logistics, […]