The Nuneaton depot is on the Bermuda Industrial Estate.
Tuffnells Parcels Express Limited, which has a branch in Nuneaton, has appointed administrators from Interpath Advisory.
Rick Harrison, managing director at Interpath Advisory and joint administrator, said: “Today’s news will be particularly devastating for Tuffnells’ 2,200 dedicated employees. Regrettably, with deliveries suspended and with no prospect of them resuming in the immediate term, we have had to make the majority of staff redundant. Our utmost priority will be to provide all those impacted with every support they need in making claims to the Redundancy Payments Office and minimising disruption to customers.”
Interpath has confirmed that 124 people were employed at the Nuneaton branch and they have all been made redundant.
The Nuneaton depot is on the Bermuda Industrial Estate.
Inflation and a competitive market have been suggested as the reason for the company experiencing pressure on cash flow.
Meet the landlord set to take over an historic village pub after seven years of closure – and why he ‘absolutely fell in love’ with it
Changes to Fosse Park approved
Fridges and freezers can be taken to Warwickshire recycling centres again
Extra police patrols coming to market towns
Woman in her 70s loses thousands in courier fraud scam
Leicestershire parents vote to keep October half term
Airport apologises over data breach
Hinckley baby creates five generations of women in one local family
