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 […]
A move to a new base to secure the long term future of Northants haulier Route Logistics has been funded with help from a government-backed coronavirus lending scheme.
With UK banks under constant fire for failing to lend to British businesses, it is refreshing to talk to a banker who is positively eager to work with UK operators. Graham Winslet is sales director of BNP Paribas Rental Solutions, a wholly-owned subsidiary of BNP Paribas, one of the strongest banks in the world (rated AA by Standard & Poor’s). He is responsible for growing the CV contract hire business, which currently owns around 15,000 CVs in France and the UK.
DSV Road saw turnover fall by £13.3m in 2015 after a “challenging year” that saw it lose a major customer.