An online sale of assets belonging to an Oldham-based logistics firm that entered administration in June has raised around £45,000 – but creditors are still unlikely to be paid. NBS Transport collapsed with the loss of 20 jobs, due to cash flow difficulties “exacerbated by a significant law-margin contract and slow customer payments,” according to the administrator. The company provided pallet services, container freight forwarding and warehousing to the retail, manufacturing, construction and events sectors. An associated company, NBS (Oldham) […]
Hampshire logistics firm Alton Transport Service has entered administration.
Burdens, the civil engineering products and construction materials supplier, has been placed into administration. The company, which has 20 operating centres across the UK and an O-licence to run up 127 vehicles plus trailers, is in the hands of administrator Duff & Phelps. “We will continue to trade the company as a going concern whilst we continue discussions with those parties interested in acquiring some, or all of the remaining branches,” said administrator Philip Duffy. WTB Trading, the main trading […]
DBC Foodservice had no vehicle assets despite having 230 of them when it went under in March, as its fleet was run on a contract-hire basis. The £300m turnover company supplied some of the best known cafes, restaurants and bars on the high Street including Caffé Nero, Prezzo, Loch Fyne and vodka bar chain Revolution. DBC’s fleet of mainly Dafs delivered 8,000 multi-temperature products to customers each year. However, after attempts to sell the business earlier this year failed, administrator […]