A rate cut on a major contract with Debenhams, combined with the owner’s long-term absence due to serious illness, helped tip haulier PMP-Forward into administration, according to Portland Business Recovery. Fareham and Felixstowe-based PMP-Forward, which transported goods for Debenhams, called in administrators Portland Business Recovery in August this year after suffering cashflow difficulties. The company’s problems coincided with MD and founder Stephen Ward suffering a serious illness in October 2017, from which he has since recovered, and Debenhams’ decision to […]
Palletways has worked quickly to fill a gap in its coverage left by Cambridgeshire operator Heathcliff Haulage, which went into administration in January.
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.
The administrators of a Cardiff-based haulage firm are pursuing legal action against one of the company’s former directors for an unpaid debt.