Firms that worked for Simpsons Logistics are owed around £837,000 but the company’s administrator believes unsecured creditors will still recover some of their money. In its latest progress report, RSM Restructuring said it had sold the Chester le Street haulier’s tangible assets for a total of £96,250 since it was appointed in September 2018. A further £5,000 is still outstanding and relates to the transfer of employees and business to Logistics (Teesside), which occurred as HMRC attempted to wind up […]
Bedworth Haulage was sold for less than £17,000 in a pre-pack deal that saved 21 jobs, after it went into administration last month.
XPO Logistics remains in a standoff with the new owner of House of Fraser, with the department store group’s supply chain paralysed as a consequence.