Firms thought to be left out of pocket following the administration of car transporter Eulos.EU will now receive a distribution after an unexpected insurance settlement led to an £11,000 payout. The Sheerness-based business entered administration one year ago after the struggling haulier refinanced its funding facilities in anticipation of a new contract – and was then told it had not won the deal. In a report to creditors, Arvinder Singh at FRP Advisory Trading said unsecured creditors had not been […]
UPN said its 2020/21 trading period was “a landmark year” after revenues rose by 4% to £10.3m.
Associated Cold Stores & Transport (ACS&T) said it ended last year in a strong financial position after Covid-19 resulted in a 17% reduction in turnover and knocked almost two-thirds off its pre-tax profit.
The Charles Gee Group of Companies, parent company to C & H (Hauliers), entered administration today (21 October) following “acute cashflow problems”.