Administrators working for warehouse and distribution firm Prolog said they had saved 130 jobs after selling off part of the business to clothing retailer Cotton Traders. Promotional Logistics, which traded as Prolog, entered administration in November 2018 following the withdrawal of financial support by a group company. A spokesman for administrator Mazars said Prolog operated five sites around the country and ran them like fulfilment centres, each for a specific client. It employed more than 600 staff, of which around […]
Rapid expansion and a change in the way invoices were generated were behind the failure of Slough-based Mark Priestley SDT, according to its administrator.
Canute Group’s former pallet network is seeking to have the business wound up next month if it refuses to settle a bill of £47,489.35.
TT Express (Oldham) has been sold to John Raymond Transport in a pre-pack deal after it went into administration last week (15 September).