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RECENT CASUALTIES StrathclydeTransport closed after 30 years with debts totalling £400,000 after clients went into liquidation (CM 1 April).

15th April 2010, Page 30
15th April 2010
Page 30
Page 30, 15th April 2010 — RECENT CASUALTIES StrathclydeTransport closed after 30 years with debts totalling £400,000 after clients went into liquidation (CM 1 April).
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Which of the following most accurately describes the problem?

Wordsworth Holdings (including tipper trailer-maker Fruehauf) a downturn ,n orders led to the administration of Wordsworth and its eight subsidiaries (CM 18 March).

Ellis Morgan & Son the South Wales-based firm began trading in 1820 and went into liquidation owing £1.46m after Western Corrugated collapsed. The packaging firm was one of its major clients (CM 18 February).

Global Transport Logistics the Teesside firm entered administration after losing 70% of its business and suffering a £600,000 bad debt (CM 18 February).

P Gray Transport Leeds haulier wound up and creditors face a £439,000 shortfall (CM 18 February).

Fry Transport County Antrim business accepts voluntary liquidation with its directors blaming the economic downturn for their decision to cease trading (CM 21 January).

PJ Brown West Sussex haulier goes into administration making 150 employees redundant. The administrators say subsidiaries of the group will continue to trade (CM 7 January).

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People: Ellis Morgan
Locations: Leeds

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