Northern Ireland steel haulier Donnelly Transport struggled under the weight of a number of significant historical bad debts and increased operational costs in the run-up to its administration in September. Administrators at the Scarva-based firm also said that the high level of company liabilities meant that it could not be rescued as a going concern. All 26 employees were made redundant after RSM was appointed and it said estimated claims totalling £28,763 relating to wages and holiday pay should be […]
Tyne and Wear-based David Price Food Services has gone into administration just over a year after entering a Company Voluntary Arrangement (CVA).
Despite the high-profile collapse of Deben Transport last month, the amount of insolvencies overall in the transport and haulage sector is rapidly declining year-on-year.
This year’s most read was dominated by the sad demise of national haulier Canute, which never recovered from the end of its long-term contract with retailer Wilko last year.