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. […]
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.
Circle Express has continued to trade successfully under a Company Voluntary Arrangement (CVA), achieving its second consecutive profitable year.
Leicester-based Premier Logistics has bought five New Actros units with BigSpace cabs from its local branch of Midlands Mercedes-Benz dealer Mertrux.