Trade creditors of West Yorkshire-based Bedfords should receive some money when the business enters liquidation, according to insolvency practitioners. In a final administration report, KPMG said that based on current estimates, unsecured creditors “should receive a dividend during the subsequent creditors’ voluntary liquidation (CVL)”. “The amount will be determined once the realisation of assets and payment of associated costs has been completed during the liquidation,” it added. Preferential claims of £71,617 were paid in full in November 2020. Read more […]
Controlled temperature specialist Nagel Langdons increased turnover by almost 15% to £85m in the year ending 31 December 2013.
Stobart Group says it has seen no significant improvement in its transport business’s fortunes, since it warned of tough trading conditions at the end of June. In a pre-close statement the company, which has just announced it will be increasing its hybrid truck fleet, says the UK recession is dampening growth within transport. While the majority of the Eddie Stobart transport business has progressed well, the restructuring of the chilled business alongside bad simmer weather has resulted in losses. Stobart, […]