Canute Haulage Group had been served with at least 23 County Court Judgments and owed creditors close to £212,000 in the days leading up to its pre-pack administration earlier this month. MT has been contacted by multiple creditors of the business, including recruiters and sub-contractors, which have been left out of pocket by the company’s collapse. In many cases creditors had been trying to recover monies owed for months with little or no success, and several had stopped working with […]
The reign of Almtone-owned Canute Group came to an end today (21 December) just over seven months after it began with the pre-pack administration and sale of its predecessor company.
City Link’s administrator has revised up the amount it believes non-preferential creditors are owed by the collapsed parcel carrier. However, it said it is still waiting to hear from creditors that are owed a total of £12.8m that have not submitted a claim.
The collapse of Surfair Global Logistics has left more than 80 unsecured creditors facing losses amounting to over £1.1m, according to a report by the firm’s administrator Milner Boardman & Partners.