BOND TRANSPORT Chilled and frozen food haulier Bond Transport was
2nd May 2013, Page 4
2nd May 2013
Page 4
Page 4, 2nd May 2013
— BOND TRANSPORT Chilled and frozen food haulier Bond Transport was
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sold in a pre-pack deal after it failed to meet the terms of its OVA earlier this year.
The assets and goodwill were sold to connected party Bond Transport NW for £5,000 on 26 February, the day it appointed administrator Leonard Curtis.
The administrator's statement of proposals reveal Bond started experiencing cashf low issues during the recession. The haulier suffered when a vehicle and its load, worth £30,000, were impounded after an accident. The company was cleared of causing it, but insurance costs rose.