Cleveland Police is undertaking a “complex financial investigation” at an HGV training company that collapsed into administration earlier this month. Cleveland LGV Training appointed administrators on 14 February, a couple of weeks after it closed down the haulage side of the business. FRP Advisory said it had managed to save nine jobs by organising a pre-packaged sale of the training company and its assets to Tees Valley Driver Training. It said that the administration was brought about by “cashflow issues” […]
Trade creditors owed money by Gloucester-based Lima Logistics, which collapsed into administration as a result of the Covid-19 pandemic, are expected to receive a dividend.
Southampton’s Harris Transport, which ceased trading last week, has now been placed into administration.
Unsecured creditors of failed Hull-based haulier AR Lunn Transport & Warehousing have received just 4% of the money owed to them, the firm’s administrators have revealed.