AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Not so Durabfr Distribution

17th August 1995, Page 11
17th August 1995
Page 11
Page 11, 17th August 1995 — Not so Durabfr Distribution
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

4$I, A freight forwarding and haulage company has gone into liquidation owing 2.2.5m just nine months after it began trading. Stockport-based Durable Distribution employed about 120 people and had depots in Selby, Morley and Barnsley in Yorkshire and one in Birmingham. R had more than 50 vehicles.

"There was not enough investment and they grew too quickly," says Stephen Silver, a manager in receiver Berley's insolvency department. Durable was headed by two directors, Ian Craig and Norman Sawtell, and was set up following the takeover of a distribution business belonging to Hertfordshirebased Efeco Holdings. Its customers included confectionery giant Cadbury.


comments powered by Disqus