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 […]
A company that took on some of the work of a Cardiff haulier after it entered administration has now gone into liquidation.
Kinaxia Logistics director Peter Fields has described his latest purchase, BC Transport, as a “good solid business with great people” that ultimately stumbled as it was carrying too much debt.
AM Widdowson’s unsecured creditors have been left almost £13m out of pocket after the pre-pack sale of the haulier in July.