Bedworth Haulage creditors realised the company was in trouble before collapse

Key factors leading to Surfair Global Logistics demise were the owner’s inability to spend “sufficient time” at the business, due to a family bereavement, and an “unexpected trading loss” after inaccurate reporting of the company’s financial position.

Administrators at Begbies Traynor said they had saved 34 jobs after London-based courier firm Rush Worldwide entered administration and was then sold in a pre-pack deal. The company, which offers same and next-day delivery services, entered administration at the end of November and insolvency practitioners Julie Partner and Andrew Hook were appointed to the firm. […]

Billingham-based Nicholson’s Transport has been placed into administration and ceased trading, motortransport.co.uk can reveal.