RoadTransport.com logo
You are in:  News>Operator News

Scotflow ceases trading despite staying in profit

Tuesday 30 September 2008 12:00

Two months after its parent company went into administration, Scotflow has ceased trading. The Scottish haulier initially was hopeful of finding a buyer after parent Curtis Fine papers called in KPMG on 24 July. After the administrators were appointed, Scotflow reduced its fleet from 12 artics to four vehicles and continued working with existing customers.

However most of Scotflow's outgoing work had been hauling paper products for its parent company. However, despite remaining profitable, no buyer was found and the Guardbridge-based operator was forced to shut up shop and make 24 staff redundant.

Email a friend

Related Articles

Our Publications

Subscribe to CMSubscribe to MT