All jobs lost as 90-year-old logistics firm goes under

A Nottinghamshire-based logistics firm which had been trading for more than 90 years has slipped into administration, with all 32 staff being made redundant.

Lee Lockwood and James Miller of RSM Restructuring Advisory were appointed joint administrators to H Beardsley on 4 February 2022.

The firm was a warehouse and logistics business, supplying and distributing warehouse facilities and goods to customers across the UK for more than 90 years.

Due to a combination of increased fuel and property costs and staff retention challenges, the directors took the decision to cease trading. The company made all 32 staff redundant prior to the appointment of Administrators.

Following the appointment of RSM, administrators secured the sale of the company’s assets together with a licence to occupy the company’s leasehold site at Huthwaite to . Taylor & Sons Transport.

Lockwood said: “It’s disappointing to see the closure of such a long-established business in the Nottinghamshire area. This situation demonstrates that, whilst there are new opportunities in the transport and warehousing sector, significant challenges remain due to increasing running costs and staff shortages.

“To ensure that the company’s warehousing customers receive continued support throughout this process we have engaged with relevant stakeholders to secure the sale of assets and leasehold occupancy. This will support existing customers and providing new employment opportunities for a number of the Company’s redundant workforce.”