Unsecured creditors of failed Deben Transport will not see a payout unless a claim relating to the truck cartel case proves successful, the firm’s administrators have said. The Felixstowe-based haulier employed more than 200 staff and had offices in Hull, Southampton, Tilbury, Alconbury, Birmingham, Manchester, Leeds, South Shields and Doncaster. It ceased trading in 2015. The company had seen a decline in its turnover from approximately £30m at its height and recorded losses in the last two years of trading. In […]
A Birmingham contract haulier that entered administration earlier this year went from a £1m pre-tax profit to a £100,000 loss in just 20 months’ trading.
Creditors of Bedworth Haulage said they picked up on rumours of trouble at the company in the weeks before it entered administration.
Widdowson Logistics’ sister company Davis Haulage owed unsecured creditors £4.7m when it was placed into administration just before Christmas.