Stricken courier firm ceases trading as it reaches end of the road

Worried creditors will have further cause for concern after it emerged that a collapsed Chesterfield firm has ceased trading.

As TheBusinessDesk.com revealed on Wednesday morning (April 17), City Couriers Direct, which has been labelled a “disgrace” by some of its suppliers, has appointed Leonard Curtis just days after a winding up petition was brought by eCapital Commercial Finance.

Andrew Knowles and Katy McAndrew were appointed joint administrators of City Couriers Direct on Friday 12 April.

A statement from Leonard Curtis said: “The business has ceased to trade and the administrators will now undertake investigations to understand the position of the business and take steps to realise the assets for the benefit of the creditors.

“A further update will be provided due course.”

Earlier this week, TheBusinessDesk.com revealed that Chesterfield-based City Couriers Direct was about to enter administration after it posted notice of appointment to appoint administrators through law firm Hill Dickinson. The notice has been prompted by Praetura Invoice Finance, which holds a charge over the company.

Recent Google reviews of City Couriers Direct show the malaise at the company, with several supplier complaining of non-payment for their services.

One said: “Disgrace of a company! We have completed multiple jobs and not been paid despite completing the work as agreed, they have repeatedly failed to honour their payment.

“Despite numerous emails and telephone conversations, they have continuously promised that the payment would be sent been sent, yet it has never materialised.