Gecko
Well-known member
It's an open bar while your waiting - right?Quite alot of our customers are distilleries and they seem to think 3 months is acceptable, I mean can't really complain about it, they always pay eventually
V8Druid
do it as well as you can,but learn to do it better
so asda inherit their massive £6.8b debts then ... they own both companies anyway
Issa brothers announce £2bn sale of EG Group to Asda
The value of it all comes to £2.27bnwww.lancs.live
Lancs Lad
Well-known member
I've got a feeling we might see something spectacular in the future ...not in a good wayso asda inherit their massive £6.8b debts then ... they own both companies anyway
V8Druid
do it as well as you can,but learn to do it better
House builder Lane End owes £12m to suppliers
Administrators probing claims by creditors about company transactions prior to failure
www.constructionenquirer.com
Henry Construction crashes into administration
Hundreds of trade contractors hit by collapse of £400m revenue firm
www.constructionenquirer.com
and this might see a few more in the tish
Illegal cartel whistleblower reward raised to £250,000
Competition watchdog hikes rewards to flush out more construction bid rigging activity
www.constructionenquirer.com
V8Druid
do it as well as you can,but learn to do it better
hmmm ???
www.constructionenquirer.com
Costain dropped from £1.3bn A66 road job
National Highways pulls Costain off TransPennine upgrade and demands its £1bn A12 widening now shared as a JV
www.constructionenquirer.com
Lancs Lad
Well-known member
Henry's has been brewing but still not good for the subbiesHouse builder Lane End owes £12m to suppliers
Administrators probing claims by creditors about company transactions prior to failure
Henry Construction crashes into administration
Hundreds of trade contractors hit by collapse of £400m revenue firm
and this might see a few more in the tish
Illegal cartel whistleblower reward raised to £250,000
Competition watchdog hikes rewards to flush out more construction bid rigging activity
Lancs Lad
Well-known member
Saw that ... interesting the big job they doing here is over running and still no completion date..hmmm ???
Costain dropped from £1.3bn A66 road job
National Highways pulls Costain off TransPennine upgrade and demands its £1bn A12 widening now shared as a JV
6
6feetdown
Well-known member
Maybe local and national government should be incHouse builder Lane End owes £12m to suppliers
Administrators probing claims by creditors about company transactions prior to failure
Henry Construction crashes into administration
Hundreds of trade contractors hit by collapse of £400m revenue firm
and this might see a few more in the tish
Illegal cartel whistleblower reward raised to £250,000
Competition watchdog hikes rewards to flush out more construction bid rigging activity
V8Druid
do it as well as you can,but learn to do it better
House builder Lane End owes £12m to suppliers
Administrators probing claims by creditors about company transactions prior to failure
" Latest accounts filed for the year to May 31 2022 show the company had a turnover of £81m generating a pre-tax profit of £245,000 while employing 106 staff. ....... 0.3% pre tax FFS
someone was creaming it off and getting rich somewhere 
TiltyShaun
Well-known member
Not if you are pricing work below cost!! The margin that some of these contractors try to work on is ridiculously low before they even get to make the odd mistake or ten!!" Latest accounts filed for the year to May 31 2022 show the company had a turnover of £81m generating a pre-tax profit of £245,000 while employing 106 staff. ....... 0.3% pre tax FFS
It quotes someone in the article as saying the clients are partly to blame driving down the costs. Now they have unfinished buildings they will find out the true cost of getting their job done!!
They where cheap for a reason!!
V8Druid
do it as well as you can,but learn to do it better
good heads up from ?? can't recall who -
to say nothing of all the packages already in their system
looks like it's the end for them then ... or someone'll get a bargain
to say nothing of all the packages already in their system
looks like it's the end for them then ... or someone'll get a bargain
V8Druid
do it as well as you can,but learn to do it better
Lancs Lad
Well-known member
Not good at all...that means the rest will get swamped ...courier network is at capacity most of the time in UK doesn't take much for them to go sideways .good heads up from ?? can't recall who -
View attachment 48421
to say nothing of all the packages already in their system
View attachment 48422
looks like it's the end for them then ... or someone'll get a bargain
Particularly bad news for anyone doing long lengths as tuffys did take it so DX will get hammered now...not many others will now they only want neat boxes.
Quattromike
Well member-known
There's been two or three local couriers been bought up by Menzies in last few years
Canal Navvy
Well-known member
Not good at all...that means the rest will get swamped ...courier network is at capacity most of the time in UK doesn't take much for them to go sideways .
Particularly bad news for anyone doing long lengths as tuffys did take it so DX will get hammered now...not many others will now they only want neat boxes.
Long lengths is a concern, they were surprisingly cheap compared to getting stock cut to length
hiluxman
Well-known member
They are 2mins from my yard, in the last few years they had a new purpose built depot built a few ft away.good heads up from ?? can't recall who -
View attachment 48421
to say nothing of all the packages already in their system
View attachment 48422
looks like it's the end for them then ... or someone'll get a bargain
On a receiving end they have always been better than others but you never know what's going off internally
pettsy
Well-known member
Saw this on facebook Re: tuffnells
“Tuffnells received a circa £17m settlement earlier last week, paid it out to investors and days later appointed an administrator.
2000 people lose their jobs, and a credible parcel company is no more.
This is FRAUD, no other name, but guess what, no one will go to jail.
Venture Capitalists at their worst.”
“Tuffnells received a circa £17m settlement earlier last week, paid it out to investors and days later appointed an administrator.
2000 people lose their jobs, and a credible parcel company is no more.
This is FRAUD, no other name, but guess what, no one will go to jail.
Venture Capitalists at their worst.”
V8Druid
do it as well as you can,but learn to do it better
"Tuffnells’ legal action against DX reaches settlement
/ Uncategorized / By truck_admin_Parcel and freight firm DX said it had reached a settlement with rival Tuffnells Parcels Express in relation to confidential competitor information.
Earlier this year, Tuffnells said it was taking legal action against DX Group in relation to alleged corporate espionage.
The claim, revealed in the Sunday Times, alleged that three DX employees conspired to obtain daily customer service reports from Tuffnells in October 2020.
Read more
- Fall-out from bribery case dogs DX Group as Tuffnells takes legal action
- Michael Holt: “I wanted a board that wasn’t just seeing this as Tuffnells versus DX…”
However, in a statement published by the Alternative Investment Market this week, DX said it was “pleased to announce that it has reached a full and final settlement with Tuffnells Parcels Express in relation to its claim against the company, as previously announced on 13 February 2023.
“This confidential settlement, which is without any admission of liability, brings the claim to a satisfactory conclusion for all parties. It has no impact on the company’s expectations for its financial year ending 1 July 2023 or thereafter.”
The post Tuffnells’ legal action against DX reaches settlement appeared first on Motor Transport."
Lancs Lad
Well-known member
Hardly done them much good ...DX wiped the floor with tuffys
S
Smiffy
Well-known member
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