Unsecured creditors of Canute Haulage Group and its successor are set to be left almost £11m out of pocket after last year’s doubleheader of collapses. Following the operator’s pre-pack administration in May, unsecured creditors of the original business were left facing at a £5.3m shortfall. However, a newly published Statement of Proposals covering the resurrected business – Almtone trading as Canute Group – reveals that it racked up its own sizeable debts in the months before it succumbed days before […]
Cutthroat competition and unprofitable contracts have forced aviation logistics group Global Eyes into administration with the loss of more than 80 jobs.
The Unite union is still pursuing claims on behalf of former employees at Grangemouth haulier Duncan Adams, which entered administration in March.
Haydock, Merseyside-based Simon Widdowson has entered administration.