Latest Administration news
Administrator: cargo bike courier Zedify failed due to low volumes and high costs
Zero-emission, last-mile delivery service Zedify was unprofitable ever since the business first launched 10 years ago, according to its administrator.
Warehouse ‘sprinkler malfunction’ caused £20K damage to books ahead of administration
A creditor for freight forwarder Tailormade Logistics, which collapsed into administration in February, has criticised the company after more than £20,000 worth of goods were damaged in its warehouse in the run-up to its insolvency.
Preston haulage firm’s creditors expected to receive distribution
Firms owed money following the collapse of H. Parkinson Haulage last year are likely to be paid back at least some of their cash, according to latest estimations by its administrator.
Licence refused after haulier chose suppliers over tax payers
A licence application by a haulier to operate 15 trucks has been refused after a traffic commissioner found that the business it had bought out of administration paid suppliers in favour of meeting its tax liabilities.
Need to relocate helped push Ashville Aggregates & Concrete over the edge, administrators reveal
Falling revenues and the need to move trading premises, which required “significant” funding to install a new railhead, pushed Ashville Aggregates & Concrete and Ashville Commercials over the edge, the companies’ administrators have revealed.
FORS Gold Ashville Aggregates and Concrete Limited in administration
Materials supply, bulk haulage and tipper hire specialist Ashville Aggregates and Concrete Limited and its sister company Ashville Commercials Limited have fallen into administration.
“Unexpected liabilities” discovered after Drac bought Caledonian Logistics
The company that acquired Caledonian Logistics before it collapsed last year said it had found “significant additional financial obligations” that had not been disclosed to it before buying the haulier.
North West freight forwarder ceases trading
Bolton-based freight forwarder Tailormade Logistics UK, which also has depots across Europe, has closed down.
Insolvent Oxfordshire haulier sold in pre-pack deal
The administrator for Swiftcare UK in Oxfordshire said 58 jobs had been saved after the business was sold in a pre-pack deal to its directors.
Joyce European calls in the administrators
Temperature controlled specialist Joyce European Logistics has filed papers to confirm it has entered administration.
