McGregor Logistics in Doncaster appoints administrators due to financial issues.
- Insolvency practitioners take charge of the company’s operations.
- The firm operated from multiple UK bases with a diverse fleet.
- Expansion included significant warehouse investments in recent years.
- Company employed 145 staff, specialising in biomass and renewable energy transport.
McGregor Logistics, based in Doncaster, has taken the significant step of appointing administrators in response to ongoing financial difficulties. This move comes nearly a month after initial indications of its fiscal challenges, signalling a crucial phase for the company’s future operations.
The responsibility of overseeing the company’s affairs has been given to insolvency practitioners from Forvis Mazars, located in both Manchester and London. Despite multiple inquiries, the business advisory firm has remained silent on the developments, leaving stakeholders keenly awaiting updates.
Established two decades ago, McGregor Logistics has been central to the UK’s haulage industry, leveraging its extensive fleet to deliver a variety of logistical solutions. The firm operated lorries from strategic bases in Doncaster, Scunthorpe, Peterborough, and Tilbury, utilising a range of trailer types, from curtain sided to refrigerated box trailers, to meet diverse transport needs.
In 2020, the company expanded its footprint by securing a three-year lease for a 40,000-square-foot unit at the St Modwen Park industrial estate. This expansion was furthered in the following year by acquiring an additional 55,000-square-foot unit, effectively doubling its warehousing capacity to support its growing operations.
McGregor Logistics was not only a provider of logistics and warehousing services but also specialised in the transport of biomass fuel and renewable energy products, aligning with growing industry demand for sustainable resources. At the time of its last financial accounts, the firm employed an average of 145 staff, underscoring its significant role within the regional employment landscape.
Though the firm’s website detailed its reliance on advanced trailer technology, including Moffett mounted and skeletal trailers, recent struggles have overshadowed these advancements. The unfolding situation has left the industry observing closely, noting the potential repercussions on the regional supply chain and employment.
The appointment of administrators marks a pivotal moment for McGregor Logistics as it navigates through its financial challenges.
