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 […]
The collapse of Surfair Global Logistics has left more than 80 unsecured creditors facing losses amounting to over £1.1m, according to a report by the firm’s administrator Milner Boardman & Partners. Carol Millett
Gregory Distribution Limited snapped up the business, assets and goodwill of collapsed Oxfordshire firm Interoute Transport Services for just £75,000, according to the firm’s administrators.
Widdowson Logistics’ sister company Davis Haulage owed unsecured creditors £4.7m when it was placed into administration just before Christmas.