The administrator handling the affairs of failed Cornish haulier Ian Aldridge Transport has revealed that a director removed assets from the business before it was appointed, potentially breaching insolvency laws. BDO joint administrators Simon Girling and Christopher Marsden were appointed to the firm on 24 July 2019, following “poor trading conditions and the resultant pressure on working capital facilities”. However, in their latest progress report, the administrators said the majority of Ian Aldridge Transport’s major assets, which included vehicles, trailers, […]
The government’s £25bn Roads Programme is facing delays while the DfT reappraises the strategy in the light of the recent Court of Appeal ruling on plans to expand Heathrow.
The Charles Gee Group of Companies, parent company to C & H (Hauliers), entered administration today (21 October) following “acute cashflow problems”.
A pre-packaged sale of Staffordshire haulier Pro Freight Solutions took place following the high-profile collapse into administration of its customer, The Book People.