The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
South West (England); North Somerset, Somerset and Dorset; Somerset
Location of affected unit(s)
Sector
(49 - 53) Transportation / Storage 49 - Land transport and transport via pipelines 49.4 - Freight transport by road and removal services 49.4 - Freight transport by road and removal services
145 jobs Number of planned job losses
Announcement Date
23 April 2010
Employment effect (start)
Foreseen end date
Description
BDR Logistics Ltd has closed down resulting in the loss of 145 jobs. The company stopped trading on 17 April 2010 since it owed more than £1m, with HM Revenue and Customs (HMRC) being the biggest creditor. Administrators have sent letters to employees to advise them of the administration, their rights and the course of action they need to take in order to make a claim in respect of their redundancy.
Sources
23 April 2010: BBC News
Citation
Eurofound (2010), BDR Logistics, Bankruptcy in United Kingdom, factsheet number 70448, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70448.
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