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Contract losses end KL Express

17th February 2011
Page 6
Page 6, 17th February 2011 — Contract losses end KL Express
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LARGE CONTRACT LOSSES pushed KL Express Logistics into liquidation, say creditors of the failed Kent business.

The Northleet-based United Pallet Network (UPN) member appointed Isobel Brett of KSA Business Recovery as company liquidator on 31 January. It leaves a deiciency of £287,892.

Two companies that are among the creditors owed a total of £359,841 by KL Express Logistics have told CM that two of the irm’s key customers in Folkestone