HMRC has forced through a revision to the original deal put forward for creditors of Premier Logistics (UK), which entered a Company Voluntary Agreement (CVA) earlier this week, MT can reveal. Following a meeting on 30 July where the revisions were put to creditors of the business, the tax man, which was owed £500,814 as of an estimated statement of affairs dated the 10 July, has increased the amount to be paid, albeit over a longer term. The struggling haulier […]
Trade creditors of Prolog may only receive a tiny fraction of the estimated £10m owed to them after the company entered administration and was then sold off in parts.
Norbert Dentressangle will cease providing warehousing and distribution services to collapsed retail chain Comet from tomorrow (21 December). Last month the operator warned its five-year £100m contract with Comet, which it only signed earlier this year, was in the hands of the retail chain’s administrator Deloitte. At the start of this week Deloitte closed the last of the retail chain’s stores in the absence of an acceptable offer for the whole business. Richard Cawston, business unit director at Norbert Dentressangle, […]
Creditors of Searon Logistics are thought to be owed £7.26m after the Felixstowe company’s fall into administration.