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Recession Takes Toll on Blandford Courier Service

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 Palmer

About the author

Julie Palmer

Regional Managing Partner

Meet our Team of Experts

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.

Advice You Can Trust

Insolvency Practitioners Association Institute of Chartered Accountants in England and Wales R3: Association of Business Recovery Professionals ICAEW Business Advice Service Turnaround Management Association ACCA (the Association of Chartered Certified Accountants) ICAS | The Institute of Chartered Accountants of Scotland
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