Recession Takes Toll on Blandford Courier Service
A Blandford-based courier service has ceased trading and entered liquidation.
Terry’s Courier Services Limited entered liquidation on November 26 after closing its doors earlier in the month.
A total of 11 staff have been made redundant as a result of the closure.
Julie Palmer and Simon Campbell, of Begbies Traynor in Salisbury, were appointed joint liquidators at a meeting of the company’s creditors.
The company had traded successfully for 10 years, but had recently fallen victim to the cumulative effect of the long recession.
Julie Palmer said: “Aside from the difficult trading conditions common to a lot of businesses at present, Terry’s Courier Services appears to have been squeezed by ever-increasing fuel costs and thinner margins imposed by its larger customers.”
Julie is a law graduate who qualified with Price Waterhouse in 1994. Julie joined Smith & Williamson in 1997 and became a partner in 2001. With Mike Stevenson, Julie set up Middleton Partners offices in Salisbury and Southampton, both of which are now part of Begbies Traynor.
Julie is a member of the Insolvency Practitioners Association and the None Administrative Receivers Association and is a Fellow of The Association of Business Recovery Professionals. Julie deals with all aspects of Corporate Recovery and turnaround work and takes all form of personal insolvency appointments.