Collapsed car transporter firm was back in profit when Covid struck


 

Car transporter company Drive Force (UK) had only just returned to profitability after experiencing 18 months of cash flow difficulties, before Covid-19 forced it into administration. The detail is included in a report to creditors explaining how the Avonmouth-based business, which had been trading since 1999, was forced to close its doors for the last time in June with the loss of 47 jobs, including 32 drivers. Administrators Paul Wood and Simon Haskew at Begbies Traynor said that they had […]