Financial investigation underway after collapse of HGV training company


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” […]