Cardiff Container Link entered into administration after “key personnel” at the company became ill and were absent from the business. The background to the Roath Docks-based container haulier’s financial woes is contained in a report to creditors, which explained that it had expanded and traded well up until January 2020. At this point, after five years of trading, the company began to experience cash flow constraints, which administrators at RSM Restructuring said was “due to a variety of factors, including […]
Contract hire and rental firm Axis Fleet Management has entered administration and ceased trading.
Brexit uncertainty and slowing sales have forced SDC Trailers to look at cutting “a number of jobs” at its plants in Mansfield and Toomebridge in Northern Ireland, the manufacturer revealed this week.
Car transporter Beamish Transport has ceased trading due to the downturn in the car industry and uncertainty surrounding Brexit.