Struggling haulier Premier Logistics (UK) is set to enter a company voluntary arrangement (CVA) as it looks to restructure its finances in the face of a £5.7m shortfall to creditors, MT has learnt. In a letter seen by MT dated 11 July, FRP Advisory stated that it had been instructed by Premier Logistics owner Lee Christopher to hold a meeting of creditors on 30 July, for the purpose of voting on a CVA for the loss-making firm. In a document […]
Palletline Logistics (Midlands) has lost its battle for survival and ceased to trade.
Further information has emerged regarding events at Leicester haulier AM Widdowson & Son ahead of a meeting of creditors of on 3 July ahead of a proposed CVA.
Widdowson Logistics has gone into administration. But a new business, Glenfield Storage Solutions, which shares directors with Widdowson, has been registered at its Mill Lane headquarters in Glenfield, Leicester.