Liquidators appointed to SGM Distribution

Shona Campbell
Shona Campbell

Liquidators have been appointed to SGM Distribution. The majority of the 51 employees have transferred to a new employer and a total of 16 jobs have been lost. 

The courier business, which has depots in Letham and Aberdeen and a fleet of 47 delivery vehicles, has been experiencing increasingly difficult trading conditions since expanding into the North East 4 years ago.

Shona Campbell of MHA Henderson Loggie has been appointed liquidator.

Established in 2006, SGM Distribution offered tailored same-day delivery service throughout the UK and counted national brands and local businesses among its customers.

Ms Campbell, MHA Henderson Loggie’s Director of Business Recovery & Insolvency, said: “Although the courier industry has seen significant growth on the back of the rise in online shopping, it is a fiercely competitive market and undoubtedly tougher for operators covering rural areas with sparse populations.

“The failure of a business is hard for a community and I am pleased that we have managed to save a significant number of jobs. I am now focused on winding up SGM’s business affairs efficiently and ensuring that all workers that have unfortunately lost their jobs receive their full redundancy entitlements from the Government’s Insolvency Service.”

The latest stories