Freight forwarder crashes
27th February 1997, Page 6
27th February 1997
Page 6
Page 6, 27th February 1997
— Freight forwarder crashes
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
Keywords :
Finance, Surnames, Bankruptcy, Insolvency Law, Freight Forwarder, Supply Chain Management, Liquidation, Cargo, Forwarder, Mckay, Creditor
• UK and French hauliers are owed thousands of pounds following the liquidation of freight forwarder Mckay International Services, based in Marden, Kent. The liquidation is being handled by Nick Coulter, of McCabe, Ford and Williams; he says hauliers should get about 30p in the pound.
At a creditors' meeting earlier this week it was revealed that total liabilities stand at around £117,000. Most of the creditors are French, says Coulter.
Mckay, which had been trading for two years, handled freight between the UK. France and Germany.
It was a "two-man band operation", says Coulter, with turnover below £500,000.