Business Post to review suppliers: failed pallet firm born again using 'phoenix' manoeuvre
Business Post Group, one of the UK’s biggest express delivery companies, last night committed to reviewing its “suppliers” in Scotland after an investigation by The Herald revealed that its main Scottish distributor is the product of a “classic phoenix” situation. Weaver Pallet Express, based in Stepps, near Glasgow, was last week forced into liquidation owing creditors more than GBP1m. It was a supplier to Business Post’s UK Pallets division. However, The Herald discovered that Weaver, run by Bruce Jenkins, re-emerged under a different name, United Pallets Scotland, and is operating from a different address at Queenslie Industrial Estate.
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