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Creditors receive dividends within 6 months of appointment.


18 July 2016:  BRI Business Recovery & Insolvency Northampton Office are dealing with the creditors’ voluntary liquidation of Urban Logistics Limited and were appointed on 23 December 2015. The Company assets have now been realised with preferential creditors receiving payment in full and all non-preferential creditors receiving 22 pence in the pound on 30 June 2016. Joint Liquidator Peter Windatt commented “as always, it is pleasing to distribute funds to creditors in insolvent liquidations and to pay out within 6 months of appointment is fantastic”