Administrators have saved 420 staff jobs at a Lincolnshire waste haulage firm by selling it to a subsidiary of utilities group Beauparc. Mid-UK Recycling (Mid UK) went into administration on 12 June after “a difficult trading period” during which it suffered a major fire [last year] and was prosecuted for the illegal storage of waste, which directly contributed to a fire in 2015. The company, which is based in Caythorpe and held a licence for a total of 98 lorries […]
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.
O’Donovan Waste Disposal is investing £15m in a new processing facility in west London.
Norbert Dentressangle’s five-year, £100m contract with Comet is in the hands of administrator Deloitte following the biggest high street collapse since Woolworths in 2008. Wincanton, Comet’s previous logistics partner, walked away from a warehousing and distribution deal with Comet on 30 April after it was unable to agree terms with OpCapita, the equity company that bought the chain at the start of 2012 from Kesa Electricals. A spokeswoman for ND said: “We continue to operate our contracts with Comet Group, […]