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 […]
Own account operator Poundworld Retail has appointed administrators after talks with a potential buyer collapsed.
The future of Hellmann Worldwide Logistics’ UK operation has not yet been ensured, with its German parent company still locked-in discussions with its lenders over a refinancing deal.
By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018.