1/20/2010 12:52:00 PM
Fone Logistics' sister companies face being struck off
Companies House is proposing to strike off Fone Logistics
Handset Distribution and North Nelson - both sister companies of
distributor Fone Logistics - for failing to file their 2008
If the results are not filed within three months both companies
will be struck off.
Fone Logistics chief executive Ian Gillespie insisted today that
neither company was trading and pledged that the results would be
filed 'within days.' He insisted there was 'no skullduggery'
involved in the company's failure to file their returns.
Until October North Nelson was trading as Fone Logistics. Then in
a complex transaction the firm was renamed North Nelson and all
its assets and liabilities transferred into a new company called
Under the transaction Fone Logistics' 2008 accounts rest with
North Nelson. Gillespie said: 'We are working with our Ernst and
Young to get them filed within the week and that was always our
Gillespie added: 'Vodafone audited our books when they signed us
up and they are happy and our other operators have novated their
contracts from our old company to the new company so I think that
proves we have nothing to hide.'