Sheerness-based car transporter Eulos.EU entered administration after refinancing its funding facilities in anticipation of a new contract – and then being told it had not won the deal. The fall into insolvency of the transport company, which also had offices in Northampton and Lithuania, is outlined in a report to creditors following the appointment of administrators at FRP on 23 December. Eulos.EU had been trading for a decade and was a UK based finished vehicle distributor. FRP said that the […]
Almtone-owned Canute Group has narrowly avoided being wound up by HMRC after the taxman raised a petition against it. This came as the amount the firm owed to creditors ballooned to more than £135,000.
Trade creditors owed money following the collapse of Norfolk waste and tankering business Harveyson Haulage are now expected to receive a dividend.
Car transporter Beamish Transport has ceased trading due to the downturn in the car industry and uncertainty surrounding Brexit.