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) […]
Leicester freight transport business AM Widdowson & Son has gone into administration.
Failed container haulier Deben Transport owed unsecured creditors close to £2.4m when it was placed into administration on 13 April, as well as more than £1.4m to HMRC.
Simpsons Logistics transferred 70 employees to another company when HMRC attempted to wind it up and agreements with APC Overnight and The Pallet Express (TPN) were cancelled, according to administrators.