LCM FAMILY LIMITED (IN ADMINISTRATION)

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News & insights

Read our latest news, expert opinion pieces and articles covering the the professional and financial sector.

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A line of mini buses

Jobs saved as South Wales minibus supplier acquired out of administration

South Wales-based Ilesbus UK Limited has been acquired by Minicoach World Limited in a deal facilitated by BTG Begbies Traynor, which has seen several jobs saved and the previous orders continued by the purchaser.

Haulage company in financial difficulty

The business was a group of haulage companies with an annual turnover of approximately £20 million and with approximately 150 employees. The core business was time critical delivery of weekly and monthly periodicals.

Stressed woman looking at her fine

I have received a fine for employing an illegal worker – what happens if I can’t pay?

A penalty for employing an illegal worker can arrive without warning, and at up to £45,000 per worker for a first offence, it's a sum that many small businesses simply cannot afford to pay.