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” […]
Bedworth Haulage was sold for less than £17,000 in a pre-pack deal that saved 21 jobs, after it went into administration last month.
Wholesale drinks distributor Waverley TBS is being wound-up by its administrators after they failed to find a buyer for the business. The company, which has two large DCs at Punchbowl Park in Hemel Hempstead and Felling, near Gateshead, as well as smaller deports across the UK, was licensed to run more than 300 vehicles. These were operated via a combination of own-account and third party providers. As a consequence of the failure to find an outright buyer, 685 Waverley employees […]
M and J Haulage, a major sugar beet haulage contractor, has been placed into administration prompting concerns among growers that they’ll struggle to find another company to harvest and deliver the crop.