Promotional Logistics Limited (01238548): administration
- Status
- Administration ended
- Administration began
- 2018-11-26
- Administrators
- Rebecca Jane Dacre, Simon David Chandler
- Administrators' firm
- Mazars
- Formerly
- Mander-Walsh (Marketlink) Limited; R. Mander, B. Walsh, J. Stamp (Marketlink) Limited
- Incorporated
- 1975-12-23
- Location
- Milton Keynes
- Industry
- 81100 Combined facilities support activities
Why it went into administration
- Property / lease costs
- Sustained trading losses
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company provides warehousing fulfilment, returns distribution and contact centre solutions across the UK. The Company was incorporated on 23 December 1975 and began trading in 1981 as Mander Walsh from premises in Sudbury, Suffolk. In 1988, Mander Walsh was bought by Sir Bernard Audley’s AGB Group and renamed AGB Promotional Logistics. A further name change occurred in 1990; Promotional Logistics Limited trading as ‘Prolog’.
During the following period the Company expanded geographically and in 1996 the Company took on Phase 1, a site at Sherwood Park in Nottinghamshire. This was followed over the subsequent ten-year period with Phases 2, 3, 4, 5 ali in Sherwood Park and Manton Wood in Worksop. Phase 8, also in Sherwood Park, followed in 2008.
The Company deploys state-of-the-art warehouse management systems to ensure stock is stored securely, picked and packed accurately and despatched quickly to where it needs to be, in line with consumer expectations.
Administrators' statement of proposals (2019-01-30) · Companies House register