i think i should borrow some of the content from transaction to highlight a point here. the RIP section. companies that have gone bust!
Scanny
Moderator
Mon May 12, 2008 10:06 am
http://www.roadtransport.com/Articles/2 ... 23/130588/ramage-distribution-the-facts-behind-its-demise.html
something for the hauliers to watch out for. it seems the fuel suppliers might be getting worried with regards to payments not being paid!
"Petroplus, Ramage's main fuel supplier, halved the company's credit limit, reduced it again in December 2007 before removing it altogether. At no time, claims Ramage, had it not paid Petroplus or been late with payments."
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Reidshttp://www.roadtransport.com/Articles/2 ... costs.htmlHe says an “immediate redundancy programme” has been implemented for the firm’s
200-strong workforce, but a minority of workers are being kept on to assist with the rundown of the business.
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Transaction
Administrator
PostPosted: Mon May 05, 2008 11:41 am
Sussex haulier
Page Group has gone into administration with the loss of 77 jobs. The Ford-based 40-truck firm, which is actually registered as Farndell and Gates, ceased trading last week. Administrators David Hudson and Mark Fry from Begbies Traynor have been appointed.
Its most recent accounts, for the year ending 31 October 2005, show it made a pre-tax profit of about £150,000 on a turnover of just over £5.6m. Hudson says: "[It] was loss-making overall and had escalating costs, which it was not able to pass on to customers. Compounded with a dwindling customer base, the company was forced to close."
Page Group also owns Suffolk-based parcel firm Turbo Express. It filed accounts on 18 January this year, which show that in the year ending 31 October 2006 it made a pre-tax loss of almost £20,000 and that it was owed virtually £200,000 by Page Group. It continues to trade. Parent company and warehousing firm RT Page & Sons is also unaffected by the collapse. No-one from Page Group was available to comment.
Courtesy of Road Transport.com
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ive now gone thanks to dick head brown grimreaper
Regular Member
PostPosted: Fri May 30, 2008 4:03 pm
Well what can i say , thanks to gordon brown i have had to close the doors on my haulage business
as owner driver i just cant afford to make the wheels turn, im sorry to say i couldnt join in with the protests because of the cost of fuel and being tied up with the sale of my truck and closing it down Crying or Very sad Crying or Very sad Crying or Very sad
Hope you all understand and i will still do what i can to support every body else in this ***** time
i will miss the industry as a driver and owner ,but im getting out of it all together, it shows the jobs not even safe when driving for some big company