Aspray Transport is to close its doors next Friday (16 August) with up to 449 jobs potentially at risk of redundancy after attempts to revive the business proved in vain, Motortransport.co.uk can reveal. The Willenhall-based Aspray Group was acquired by Lee Bushell’s Bushell Investment Group in March. Aspray Transport, the next-day delivery part of the group trading as Aspray24, was placed into a Company Voluntary Arrangement (CVA) on 23 April facing the prospect of being unable to pay debts as […]
Administrators for Ian Aldridge Transport said 30 staff were made redundant prior to its appointment in July.
Unsecured creditors of failed Deben Transport will not see a payout unless a claim relating to the truck cartel case proves successful, the firm’s administrators have said.
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.