Almtone-owned Canute Group has narrowly avoided being wound up by HMRC after the taxman raised a petition against it. This came as the amount the firm owed to creditors ballooned to more than £135,000. The unadvertised winding up petition from HMRC was launched on 13 November and settled on 15 November, according to Companies House, after being paid in full. However, the process prevented Pallet-Track, Canute’s former pallet network, raising its own petition against the company. Pallet-Track is pursuing Canute […]
Hot on the heels of the launch of a southern hub, Wolverhampton-based pallet network Pallet-Track has officially launched its first Scottish hub.
The reign of Almtone-owned Canute Group came to an end today (21 December) just over seven months after it began with the pre-pack administration and sale of its predecessor company.
Removal and storage firm Pickfords has completed a pre-pack administration led by its existing management team. Administrator BDO, which was appointed to the Wembley-based Moving Services Group UK on 23 November, sold the removal firm to recently incorporated Pickfords Move Management on the same day. The two legal entities share the same directors in the form of Yogesh Mehta, Russell James Start and Timothy Paul Romer, who is also company secretary. David Gilbert, BDO business restructuring partner, said: “This outcome […]