Bardon, Leicestershire-based Premier Logistics (UK) has entered into a company voluntary arrangement (CVA). Rajnesh Mittal and Steven Stokes of FRP Advisory have been named as joint supervisors of the CVA. The struggling haulier has been seeking to restructure its finances in the face of a £5.7m shortfall to creditors. The final details of the CVA are unknown at present but in a letter seen by MT and dated 11 July, owner Lee Christopher described a period of ‘unprecedented financial stress’ for the business. […]
Premier Logistics has launched an apprenticeship scheme to encourage local young people to join its Leicester-based operation.
Leicester-based Premier Logistics is to move to a new home this autumn, which will allow it to significantly grow its warehousing business as well as offer new services.
Aspray Transport’s Company Voluntary Arrangement (CVA) will see £1.9m of debt to certain creditors being written off as well as redundancies, motortransport.co.uk can reveal.