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livoli collapse hits 30 owner-drivers

29th June 1995, Page 6
29th June 1995
Page 6
Page 6, 29th June 1995 — livoli collapse hits 30 owner-drivers
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Which of the following most accurately describes the problem?

by Miles Brignall

TIVOLI

• Twelve drivers have lost their jobs and more than 30 ownerdrivers face possible ruin this week following the collapse of Cheltenham-based haulier Tivoli Transport. The family firm, whose work included the haulage of UPVC doors and windows for Gloucester-based Halo Systems (part of the Bowater Group), went into receivership last Friday (23 June). Run by father and son team George and Andy Lee, the domestic and international haulier was closely linked to it sister firm, the cladding manufacturer Marshall Metalwork.

Receiver Nigel Halls of Cork Gulley confirms that Tivoli has ceased trading: "Tivoli up until recently was trading profitably but has been brought down by its sister firm," he says. "The directors asked the National Westminster Bank to appoint a receiver and we will now be trying to realise any the firm's assets before winding it up." Hall says it is too early to accurately estimate the level of debts left by the company.

Although it employed 12 drivers on a full-time basis, most of Tivoli's work was sub-contracted out. Many of the 30 ownerdrivers may be able to continue working with Tivoli's customers, says Hills. "A number may be owed considerable sums," he adds, "but may be able to stay on the road, assuming they can tie up a deal."

As CM went to press Tivoli director Andy Lee was understood to be visiting former customer Halo Systems in Gloucester, but could not be contacted. A member of the Road Haulage Association, Tivoli is also believed to have run a European Logistics operation delivering aluminium to Italy and Belgium.

A haulier who had worked for the company in the past says the collapse was not a complete surprise to him: "Although they appeared to have had some good contracts on paper," he says, "several subbies got out a few months ago, fearing the worst, and they seem to have been proved right."

Creditors should contact Nigel Halls on (01452) 423031.


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