Hampshire haulier Alton Transport Service has admitted that taking on “loss making” work from Palletline and losing a contract from Tarmac were to blame for its insolvency. The directors explained to administrators why the firm was struggling to continue trading shortly before the business and assets were sold in a pre-pack deal to Alton Transport Storage at the end of August. In a report to creditors, Quantuma LLP said the company directors had advised them that it had become insolvent […]
Cornish haulier Ian Aldridge Transport has entered administration and ceased trading.
Palletways bought Dalkeith for the second time this year, after it went into administration in August.
AM Widdowson & Son ended its days with a whimper, after a CVA and two pre-pack administrations left little more than a husk, a new progress report confirms.