News
16 jobs have been saved following the successful sale of a UK freight transport firm.
Mike Dillon and Rochelle Schofield of Leonard Curtis were appointed administrators of JPA Transport Services Ltd on 8 June 2023.
JPAes principal activity was as a freight transport company, by road only. The business has been trading successfully since 2012 and suffered as a result of a countrywide shortage of HGV drivers following the UK leaving the European Union and latterly the COVID-19 pandemic causing nationwide restrictions.
Salary expectations of qualified HGV drivers and a dramatic increase in fuel costs resulted in JPA falling into arrears with its creditors.
Following the appointment of the administrators, a sale of the Companyes business and assets was completed to ABA Transport Services Ltd with all 16 jobs transferred under TUPE to the purchaser.
Joint Administrator Mike Dillon commented: The pre-packaged sale achieved represents the best outcome for the Companyes creditors as a whole and has resulted in the successful transfer of all jobs to the new entity."
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec ultricies consequat.
Leonard Curtis Legal supports shareholders of Impulse Embedded Limited with successful sale
Legal
Leonard Curtis Legal has advised the shareholders of Romix Foods Ltd on successful sale
Legal
100 Time to Pays agreed so far in 2024 ensuring business survival
Funding
Podcast: TRI and Offshore Jurisdictions with Matthew Wright and Nexia
Restructuring and Insolvency
£700,000 commercial mortgage secured for Midlands business
Funding
The future of EOTs
Legal
My Leonard Curtis journey so far with Becky Owen, Head of Commercial Finance
Funding
Leonard Curtis unveils sports sponsorship for Isle of Man school
Restructuring and Insolvency
Jan - Mar 2024: Time to Pay Statistics
Funding
Small Business Finance Markets Review 2023/24
Funding
Respected banking specialist joins Leonard Curtis
Funding
Time to Pay statistics 2023
Funding
Leonard Curtis extends specialist offshore capability with office in Jersey
Restructuring and Insolvency
£4.6m funding structure agreed for construction firm
Funding
Is fraud on the uptick?
Restructuring and Insolvency
Plastic Packaging Tax – What is it and how is it affecting businesses?
Funding
Q1 - Q3 2023: Time to Pay Statistics
Funding
Acquisition completed for top north catering firm ‘Kitchequip’
Funding
Leonard Curtis Legal advises on the acquisition of new wedding venue for The Ensarb Estates group
Legal
Autumn Tax Update 2023
Lifecycle
The super-deduction, what it means for businesses
Funding
Working in unison - underpinning a growing UK network of advisers
Funding
Winding-up petitions are back
Restructuring & Insolvency
Copyright © 2022 Leonard Curtis
Copyright © 2022 Leonard Curtis
Copyright © 2023 Leonard Curtis
By using this website, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts. View our privacy policy for more information.
I agree