All staff jobs at a Thurrock-based haulage firm have been saved after it entered administration and was then sold. PL Logistics and Distribution appointed insolvency experts from SFP on 10 July and a sale of its business and assets was completed on 12 July. The company was established in 2009 and undertook road freight and haulage services from its Essex operating centre. It held a standard national operator’s licence authorising 14 HGVs and two trailers. According to SFP, the company […]
A pre-packaged sale of Leicester transport firm AM Widdowson and Son was the culmination of a torrid two years that included the loss of contracts, under-estimated fuel costs and management systems that were not fit for purpose.
Removal and storage firm Pickfords has completed a pre-pack administration led by its existing management team. Administrator BDO, which was appointed to the Wembley-based Moving Services Group UK on 23 November, sold the removal firm to recently incorporated Pickfords Move Management on the same day. The two legal entities share the same directors in the form of Yogesh Mehta, Russell James Start and Timothy Paul Romer, who is also company secretary. David Gilbert, BDO business restructuring partner, said: “This outcome […]