Fox creditors
4th May 1985, Page 8
4th May 1985
Page 8
Page 8, 4th May 1985
— Fox creditors
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TWO LIQUIDATED Fox Freight clearing houses owed hauliers E245,667, creditors meeting in Glasgow have learnt.
The deficiency in assets available to ordinary creditors totalled £267,059, calculated after debts totalling £163,626 due from associate company Fox Freight (Irvine) had been written off.
The liquidator, from Spicer Watson of Glasgow, suggested that ordinary creditors write down their debts to a nominal amount.
Fox Freight (Glasgow) and Fox Freight Southern's lists of haulage creditors run to hundreds and includes many of Britain's best known firms, several of which are owed between £4,000 and £6,000.