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Ecosse's hand is forced

8th May 1997, Page 5
8th May 1997
Page 5
Page 5, 8th May 1997 — Ecosse's hand is forced
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Keywords : Business / Finance

• Troubled Scottish haulier Ecosse European Shipping has been forced into provisional liquidation owing hauliers around ,E450,000—but a sister firm has already opened a new office on the same industrial estate.

Last week four hauliers owed money by Alloa-based Ecosse won a court order to call in a provisional liquidator just weeks after one of them froze Ecosse's bank accounts in a bid to get .C20,000 it was owed.

Kidsons Impey, the provisional liquidator, is to apply to the Court of Session in Edinburgh for an order to wind up the corfr pany. Ecosse managing director David Henderson has indicated the firm does not intend to fight the order. Earlier this week a sign outside the company's premises announced it had ceased trading. Kidson's lain McGrotty says unconfirmed documents show trade creditors, including hauliers, are owed around £450,000.

Earlier this week Tom McInnes, the man many believe to be behind Ecosse, who was described in letters it sent out as its chief executive, could not be contacted. Over the past few years he has presided over a number of failed freight forwarding firms; in June 1994 he was banned from being a company director for two years.

Now sister firm Trafficmart has opened an office at the same industrial estate in Alloa.

Trafficmart denies any link with Ecosse; both companies are owned by Penny well.

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Organisations: Court of Session
Locations: Alloa, Edinburgh

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