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 […]
JDL Logistics, which entered into administration last month, is to close down in the next few weeks with the loss of all jobs.
Trade creditors of Prolog may only receive a tiny fraction of the estimated £10m owed to them after the company entered administration and was then sold off in parts.
Creditors of Bedworth Haulage said they picked up on rumours of trouble at the company in the weeks before it entered administration.