Vehicle delivery firm in pre-pack sale after losing key client


 

A Leicester-based national vehicle delivery firm collapsed into administration after it lost a significant contract and saw GBP100,000 of work per month wiped off its revenues.

Pro-Driver Logistics was described by administrators at Begbies Traynor as "historically profitable", but it began to struggle when its key client, motorway.co.uk, reduced its work by 90% overnight in October 2021.

In a report to creditors, Begbies Traynor said that by February 2022 the company, which relied on sub-contractors to move vehicles to order [...]



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