Latest Administration news
Loss of £900,000 British Gas deal final nail in Trailar coffin, administrator reveals
Start-up firm Trailar Limited, which provided solar-powered panels for trailer roofs, collapsed into administration in August this year, owing £2.1m, after being hit by Covid, the Ukraine War, the international chip shortage, and a costly and failed attempt to gain equity funding, which contributed to British Gas pulling out of ...
Struggling waste haulier sold to director’s son
Hampshire haulier PL Transport Logistics has been sold to its sole director’s son for £360,000 after it collapsed into administration.
Cartwright Bros site sold for seven figure sum
A former industrial unit that belonged to Cartwright Bros (Haulage) has been sold for its asking price of £3.3m following a bidding process.
McGregor Logistics sold in pre-pack administration agreement
Stricken South Yorkshire haulier McGregor Logistics has been sold in a pre-pack deal for £1.7m to an unconnected business, saving dozens of jobs.
Truswell collapses with 86 staff made redundant
John Truswell & Sons, known as Truswell Haulage, has become the latest victim of crippling market conditions and entered administration.
Administrators take control of South Yorkshire haulier’s business
McGregor Logistics in Doncaster has officially appointed administrators to take control of its affairs, almost a month after it signalled it was in financial difficulties.
SmartHub Logistics moves to appoint administrators
Construction logistics consolidation specialist SmartHub Logistics has given notice of its intention to appoint an administrator.
Inflation to blame for Wiltshire haulier’s administration
SL Transport’s collapse can be directly linked to soaring inflation which led to it suffering a loss of more than £200,000, according to its administrator.
Administrator spells out Kettering container haulier’s struggles
Almost 100 trade creditors of a Northamptonshire haulage firm that collapsed in the summer are owed nearly £1m, according to its administrator.
Pre-pack administration sale of JLF Moving Solutions after debts rack up
JLF Moving Solutions, a business within the Shift Group of companies, has been sold in a pre-pack deal after it hit financial difficulties, saving 55 jobs.
