Roanza, the Mercedes truck dealer that entered into administration last month, had been racking up losses for several years, according to insolvency practitioners. The company operated across eight leasehold sites predominantly in the north west of England and employed 441 staff, including at subsidiary Premier Vehicle Rental – which entered administration on the same day, 8 September. In a report to creditors, Jason Bell and Sarah O’Toole at Grant Thornton, said a deterioration in trading performance was driven by a […]
Strong growth in its logistics division helped offset declining revenues from transport at Norbert Dentressangle last year, leaving the firm’s turnover almost 4% up with a fractional increase in profitability.
One of the firms appointed to take on some of the postcode area of collapsed Palletline Logistics (Midlands) has entered a pre-pack administration.
Tiger Trailers clawed its way out of the worst of last year’s pandemic to turn in a financial performance it said was “the best in our history”.