Glenfield Storage Solutions, a successor company to failed Widdowson Logistics, remains a going concern despite net liabilities of close to £98,000. Reporting its performance for the year to 31 March 2017, the company’s sole director Adam Clements conceded the business, which is based at Mill Lane Industrial Estate in Leicester and was previously named Widdowson Leasehold, had experienced ‘a difficult start up period’. The company’s total assets less current liabilities stood at £108,578 once money owed to creditors within the […]
Nelson Distribution was profitable in its final year of trading before it became part of the Knights of Old Group, newly published accounts show.
Key factors leading to Surfair Global Logistics demise were the owner’s inability to spend “sufficient time” at the business, due to a family bereavement, and an “unexpected trading loss” after inaccurate reporting of the company’s financial position.