The reign of Almtone-owned Canute Group came to an end today (21 December) just over seven months after it began with the pre-pack administration and sale of its predecessor company. Close to 600 staff at the firm were informed verbally at 4pm today that the business would be moving into administration with Begbies Traynor handling […]
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C&H (Hauliers) has been acquired by CM Downton in a deal that creates a £114m a year turnover haulage group.
The administrator for Tachodisc said it is not possible to provide an accurate estimate of when unsecured creditors are likely to receive the money they are owed.
The administrator for a Somerset haulage firm is trying to rescue the business through a company voluntary arrangement (CVA) after a review of its financial position showed that it was still solvent. Insolvency practitioners at Leonard Curtis said S C Lyons Haulage had “strong outgoing cumulative net cash flow projections” and was solvent on a […]