Sale of NBS Transport’s assets raises £45,000 but creditors unlikely to get paid


 

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) […]