Hampshire logistics firm Alton Transport Service has entered administration. The company appointed Quantuma LLP to handle its affairs on 28 August, but according to director Michael Larvan, it has found a company to purchase its assets. When MT contacted the company, Larvan said: “We have been seeking advice from a solicitor and appointed an administrator. Someone else bought the assets and things will continue. The long and short of it is we have had a number of big boy companies […]
The Canute Group, owned by Almtone, is expected to make an official announcement about its closure tomorrow afternoon.
Harris Transport director George Harris has spoken of his heartbreak after the family firm established by his parents was forced into administration.
BC Transport owed almost £1.5m when it was placed into administration earlier this month, and unsecured creditors are unlikely to recover any money despite the subsequent sale of the business.