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 […]
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 […]
Felixstowe-based haulier James Kemball’s investment in additional fleet appears to have paid off with a 9% rise in turnover and 32% jump in pre-tax profit.