Canute Group, which is due to shut its doors this week (21 December), was unable to demonstrate financial standing, MT can now reveal. Following the news that the business, which completed a pre-pack administration in May, had come to the end of the road, a spokesman for the Office of the Traffic Commissioner (OTC) said: “I can now confirm the following with respect to the operator licence applications made by Almtone Limited [owner of Canute Group]. “The applications were considered […]
Prolog, a Nottinghamshire warehousing, distribution and logistics provider, has been put up for sale after entering administration as expected.
Key factors leading to Surfair Global Logistics demise were the owner’s inability to spend “sufficient time” at the business, due to a family bereavement, and an “unexpected trading loss” after inaccurate reporting of the company’s financial position.
Southampton’s Harris Transport, which ceased trading last week, has now been placed into administration.