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Doors close at One World Logistics

  • 06 January 2014
  • By Robin Meczes

Storage and transport firm One World Logistics, based in Worksop, Notts, has entered administration after its management was unable to sell the business.

Director John Pepper told Commercialmotor.com that the company was placed into administration by a lender after “consistently poor and worsening results from its transport division”.

“The management was unable to conclude a sale of the transport business, which was ongoing up until and near the end,” he said. “However, the warehouse staff have been secured a future as a result of it being sold before the administration.”

Pepper is also a director at Carlton Forest Group, which includes Carlton Forest Partnership. It holds a standard international licence for 16 vehicles and 25 trailers at the same Worksop site as One World Logistics; and Mill Transport (Yorkshire), which holds an international licence for eight vehicles and eight trailers at the same site.

Pepper said that One World Logistics was a privately owned business and not part of Carlton Forest Group. He said: “Where possible, we have helped drivers find jobs in other businesses, greatly lessening the effect on personnel. To my knowledge, the majority of staff have found employment.”

Simon Smith of Hull-based Kingsbridge Corporate Solutions was appointed administrator on 13 December and said that One World Logistics had “closed down completely; there won’t be any continuation of that business”, but would not comment on the number of job losses involved.

One World Logistics held two O-licences: a standard national licence covering 36 vehicles and 60 trailers across two sites in Worksop and Washington, and a standard national licence covering 10 vehicles and 10 trailers at a site in Swadlincote, Derbyshire.

David Ormston, sales director at creditor Tees Valley Traders, said his firm was owed more than £40,000 in unpaid bills for trailer hire by One World Logistics and was facing costs of a further £25,000 relating to vehicle recovery and repair.

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Article source: http://www.commercialmotor.com:80/latest-news/doors-close-at-one-world-logistics