Latest Administration news
Haulier’s collapse followed sales ledger overstatement
The collapse of a haulage firm in Herefordshire came after “significant discrepancies” were found on the sales ledger, which led to its invoice discounting facility being overdrawn by more than £1m.
Metal recycling giant to be wound up
Hundreds of staff at scrap metal recycling company Unimetals are facing up to the prospect of redundancy after it filed a petition to enter compulsory liquidation.
Haulage MD fled country with company cash before it sank into insolvency
The boss of a Manchester-based haulage company abandoned his post and allegedly fled the country in the weeks leading up to its insolvency, its administrator has revealed.
Redundancies as Accrington haulier closes its doors
A long-established Lancashire haulage company has entered administration after coming under increasing financial strain, with 13 jobs made redundant.
Dorset hauliers closed down amid “extremely challenging” conditions
Two haulage firms near the south coast and operating out of the same premises with the same directors collapsed due to the fallout from Brexit, Covid and rising costs, their administrator said.
Midlands transport firm collapses following financial difficulties
More than 100 staff at a Ledbury-based haulage company have lost their jobs after it entered administration this month.
Pre-pack sale of Yorkshire haulier saves dozens of jobs
An East Yorkshire haulier established over 50 years ago has been sold in a pre-pack deal to its directors after it collapsed into administration, saving all 45 jobs.
Long-standing Greater Manchester haulier collapsed after losing major contracts
A haulage firm in the North West that had been trading successfully since the 1960s closed down this summer after losing a series of key contracts, resulting in significant losses in 2023 and 2024.
TC rejects plans to run lorries out of beleaguered Manchester haulier’s base
The Traffic Commissioner has refused a new licence application by a former director of K West Transport who wanted to operate HGVs from the same premises after the haulage firm collapsed into administration.
North West haulier enters administration days before PI appearance
A haulier in Greater Manchester running 30 HGVs has collapsed into administration – two days before it was due to appear before the traffic commissioner (TC) to face possible disciplinary action.
