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, […]
Lenham Storage enjoyed a ‘successful’ year’s trading in the 12 months to 31 August 2015, but the driver shortage remained a challenge.
Rapid expansion and a change in the way invoices were generated were behind the failure of Slough-based Mark Priestley SDT, according to its administrator.
The commercial vehicle finance sector reported a fall in new business of 32% in March, reflecting the measures taken by the government to deal with the coronavirus crisis.