Type
Bankruptcy
Country
United Kingdom
Region
South West; Dorset and Somerset; Somerset
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.4 - Freight transport by road and removal services

145 jobs
Number of planned job losses
Job loss
Announcement Date
23 April 2010
Employment effect (start)
Foreseen end date

Description

BDR Logistics Ltd has closed down resulting in the loss of 145 jobs.  The company stopped trading on 17 April 2010 since it owed more than £1m, with HM Revenue and Customs (HMRC) being the biggest creditor. Administrators have sent letters to employees to advise them of the administration, their rights and the course of action they need to take in order to make a claim in respect of their redundancy.


Sources

  • 23 April 2010: BBC News

Citation

Eurofound (2010), BDR Logistics, Bankruptcy in United Kingdom, factsheet number 70448, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70448.