Cannock-based transport and training company Go Direct Recruitment Services has gone into voluntary liquidation after an accounting error left the firm with debts of more than £2.8m. The company, which has a licence to operate 62 trucks and 60 trailers and counted pallet supplier CHEP as one of its clients, called in the liquidators after HMRC alerted it to a potential £470,000 shortfall in regards a VAT liability in July. This led to the discovery of an additional debt owed […]
Kinaxia Logistics director Peter Fields has described his latest purchase, BC Transport, as a “good solid business with great people” that ultimately stumbled as it was carrying too much debt.
Creditors of collapsed parcel firm City Link are likely to receive just 1p for every pound they are owed, according to the company’s administrator.