Air freight logistics and refrigerated transport company Mark Priestley SDT has been sold to a new company after it entered administration. The Slough-based company, which held an international and national operators’ licence and ran more than 20 lorries out of four operating centres, went into administration on 22 February after a winding up petition was issued against it. Administrators at SFP said Mark Priestley SDT, which has two directors – Daniel and Mark Priestley – experienced substantial growth in 2017 […]
Creditors seldom get back all of the money owed to them when a company becomes insolvent, but you don’t have to take things lying down.
More than 600 jobs at XPO Logistics are at risk after the collapse and subsequent sale of House of Fraser to Sports Direct, which has left the operator owed £30.4m.
Canute Group, which is due to shut its doors this week (21 December), was unable to demonstrate financial standing, MT can now reveal.