BC Transport owed almost £1.5m when it was placed into administration earlier this month, and unsecured creditors are unlikely to recover any money despite the subsequent sale of the business. The Bollington-based haulage firm was purchased in a pre-pack deal by Kinaxia Logistics on 5 December, after earlier efforts to market the firm by Duff & Phelps attracted interest but no firm offers. The sale saved 50 jobs. According to BC Transport’s statement of affairs, Kinaxia Logistics paid £40,000 in […]
D&A Media Bristol has entered administration, with some of its customers and employees transferred to a new company set up by its former owners.
Petition demanding investigation into Palmer & Harvey collapse attracts 8,600 signatures in two days
A petition demanding an investigation into the demise of own-account wholesale operator Palmer Harvey & McLane (P&H) has raised more than 8,600 signatures in two days.
A rate cut on a major contract with Debenhams, combined with the owner’s long-term absence due to serious illness, helped tip haulier PMP-Forward into administration, according to Portland Business Recovery.