The administrators of a Cardiff-based haulage firm are pursuing legal action against one of the company’s former directors for an unpaid debt. In a report to creditors of D&A Media Bristol, joint administrator Huw Powell at Begbies Traynor said the sum of £51,374 is due from Richard Grimes, who resigned as director in 2016. Powell said despite having written to Grimes “on numerous occasions” no response had been received. The report said it is also in dispute with fellow director […]
Transport and logistics operations at The Russell Group have not been affected by recent financial problems at group company Icetech Freezers, the firm has stated.
Former City Link parent Better Capital has revised up the amount it expects to receive from its investment in the collapsed parcel carrier.
The assets and business of Palletline Logistics (Midlands) were bought for £71,000 in a pre-pack deal in July by newly formed Global Logistics Central on the same day the former went into administration, according to administrator RSM Tenon.