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 […]
Confidence among logistics operators in future business prospects has increased significantly in the past six months, according to the latest Logistics Confidence Index compiled for Barclays and Grant Thornton UK.
Bedfords Group has been placed into administration and has ceased trading.
Unsecured creditors of Canute Haulage Group and its successor are set to be left almost £11m out of pocket after last year’s doubleheader of collapses.