Conor:
Toddy2:
Just waiting to find out if City Link actually owned them or if a rental/finance co will be coming for themIf they’re not on finance they’re the property of the official receivers. Abacus may be breaking the law if they hold on to them if they’re asked for them. Certainly in County Court you don’t have the right to retain property of a debtor either in lieu of payment or as a security.
2 second hand trailers wouldn’t make any sort of a dent in £190,000.
del trotter:
Conor:
Toddy2:
Just waiting to find out if City Link actually owned them or if a rental/finance co will be coming for themIf they’re not on finance they’re the property of the official receivers. Abacus may be breaking the law if they hold on to them if they’re asked for them. Certainly in County Court you don’t have the right to retain property of a debtor either in lieu of payment or as a security.
2 second hand trailers wouldn’t make any sort of a dent in £190,000.
Obviously not - but every little helps, as Tosco say !!
Derf:
It’s bitter sweet for Abacus. Paul started his entire empire with one van on for Target, Abacus came about as a result of his mushrooming C&D fleet (and a few ‘strategic partnerships’ with other van owners), so despite £190k down the swanny, he hasn’t done too bad out of City link in the bigger picture.
I followed one of his motors past Fort Dunlop last week, as we got to the Jaguar Factory, a new F Type came out the factory to cross the roundabout to the compound where they load them onto the transporters, and the Abacus truck run over it.
Next thing - Abacus driver gets out of his cab, the Jag driver comes around the front of the unit & lays into him, pushed him across the road onto the roundabout
Subcontractors owed money following the collapse of City Link are unlikely to receive any more than 2p in the pound, its administrator has said.
Full article here in Commercial Motor
Yorkshire-based Des Hartley & Sons, which carried out night trunking work for City Link and was estimated to be owed £87,910.
Leicester-based Eclipse Distribution is owed about £64,555 for collections it made from City Link’s customers’ premises.
Mark Thompson Transport is owed £219,142, but a spokesman for the firm believes the amount is actually lower.
Other major creditors include Cobley Transport, which is owed £86,410; Owens Road Services, £82,668; Robsons of Spalding, £152,199; and James Timms Transport, £84,262.
Single operator owed most: Royal Mail Group (£1.01m).
So Mark Thompson is taking a massive hit then, 1pence for every pound so he’ll only get £2100.
What a kick in the baws!!
2 pence sorry 
jaysus, hope they had some kind of insurance against those losses.
Been caught out a couple of times by folk going bust on us but nothing like those figures, could be enough to put those firms out of business, can be like a set of dominoes.
Now i don’t know if any of you have watched this before but no wonder city-link went burst
You can go to 27 minutes to see some madness in one of their hubs.
It’s the same as Palletline/Pallex/Palletforce & Fortec - but with better lighting, and more colourful uniform.
I’m surprised at how everyone seems to be “British” at the now defunct Citylink as well.
Lichfield Hub (Palletline) was the worst place I ever went to, where even the forkies and managers were barely-speke-english. You got handed a card on entry explaining the system to you, as you couldn’t possibly have it explained to you on the shop floor by someone who only knows 100 words of English. 
So… Big question is folks - WHY did THIS firm fall over FIRST among the “Palletliner” outfits? 
I wonder what firm Rob works for now. Hope he still manages to heat up his pasties… 