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. Close to 600 staff at the firm were informed verbally at 4pm today that the business would be moving into administration with Begbies Traynor handling the process. “All services have been suspended and the fleet has been ordered to cease activity. “The vast majority of staff have been let go, […]
A Felixstowe-based transport and warehousing company collapsed following a decision by the nearby port to terminate its storage agreement, according to administrators.
JDL Logistics has entered administration with the loss of 29 jobs.
Trade creditors of Prolog may only receive a tiny fraction of the estimated £10m owed to them after the company entered administration and was then sold off in parts.