Loop Logistics cuts 42 jobs as pension trustees rank as secured creditors in administration
Instant Despatch Services Limited, trading as Loop Logistics, entered administration on 6 May 2026 with 42 redundancies and FRP Advisory appointed to handle the Northampton road freight firm.
Information for general guidance, drawn from the public record. Not legal, financial, or insolvency advice. If you are affected by an insolvency, consult a licensed practitioner or qualified solicitor.
Forty-two workers lost their jobs on 6 May 2026 when Instant Despatch Services Limited, the Northampton road freight business trading as Loop Logistics, was placed into administration. The company's own pension scheme trustees, two of them serving directors, hold a first fixed charge over company assets that puts them ahead of most other creditors.
The High Court of Justice sealed the appointment under case number CR-2026-002592. Glyn Mummery, IP number 8996, and Julie Humphrey, IP number 23930, both partners at FRP Advisory Trading Limited, were appointed joint administrators. Licensed insolvency practitioners take control of a company to try to rescue it, sell it as a going concern, or realise its assets for creditors.
The company
Incorporated in July 2002, Instant Despatch Services Limited operated under the Loop Logistics trading name providing freight transport by road. Its registered office is Jupiter House, Warley Hill Business Park, The Drive, Brentwood, Essex, though the Gazette notice records a principal trading address at Unit 8, Mansard Close, Westgate Industrial Estate, Northampton. The company's last filed accounts were unaudited abridged accounts made up to 31 August 2024.
Glyn Mummery said Loop Logistics had built an established presence in the logistics sector but that ongoing operational and financial challenges meant it was unable to continue trading.
The officers
The directors at the time of administration were Dennis Roger Shaw, who has served since the company's incorporation in July 2002, and Roy Garnham, appointed in October 2015. Michelle Shaw has been company secretary since January 2009. Dennis Dickinson, a founding director, resigned in January 2009.
Secured lenders and the pension charge
Four outstanding charges sit on the register. HSBC Bank PLC holds a legal assignment over credit balances, registered in February 2011. HSBC UK Bank PLC holds a fixed and floating charge over all assets, created in September 2025. Wedo Invoice Finance Ltd holds a first legal mortgage over freehold, leasehold and commonhold property, also created in September 2025.
The most striking charge, created in June 2025 and registered in July 2025, is held by Morgan Lloyd Trustees Limited as trustee of the Loop Logistics Pension Scheme, alongside Dennis Shaw and Roy Garnham personally as trustees of the same scheme. That charge grants the pension scheme a first fixed charge, a type of security over specific identified assets giving the holder direct rights over those assets, covering real property, equipment, intellectual property, book debts, investments and cash balances, as well as insurance policy rights. Shaw and Garnham are simultaneously directors of the company and trustees of a secured creditor whose charge predates the two HSBC UK and Wedo instruments by several months. Administrators Mummery and Humphrey will need to navigate that position as they work through the creditor waterfall.
What this means for creditors, customers and employees
Once administrators are appointed, a moratorium under Schedule B1, paragraph 43 of the Insolvency Act 1986 takes effect. That moratorium is a legal pause on most creditor enforcement action: creditors generally cannot start or continue court proceedings against the company without the court's permission.
Known creditors receive statutory communications from the joint administrators in due course. The process by which a creditor evidences the amount it is owed is called a proof of debt, a formal claim form submitted to the administrators. Correspondence is conducted through FRP Advisory Trading Limited at Jupiter House, Warley Hill Business Park, Brentwood, Essex, CM13 3BE, or by telephone on 01277 50 33 33, with Elizabeth Heggs as alternative contact at cp.brentwood@frpadvisory.com.
Customers with paid-but-undelivered consignments, or suppliers owed money for goods and services already provided, rank as unsecured creditors, meaning their debts are not backed by a charge, and they sit behind secured and preferential creditors in the order of distribution.
The 42 employees made redundant on the appointment date have claims for unpaid wages, notice pay and statutory redundancy. In administration, employee claims for arrears of pay and holiday pay rank as preferential debts up to prescribed limits. Where the company cannot meet those obligations, the Redundancy Payments Service, a government body, steps in to pay eligible employees directly and then becomes a creditor of the estate for the sums it has paid out.
Common questions
Are you owed money by Instant Despatch Services Limited?
You are an unsecured creditor unless you hold a registered charge or retention of title. The administrators will write to known creditors in due course with a proof-of-debt form and timetable for the first meeting. Until that letter arrives, no formal action is required from you. Read more about proof of debt and where you sit in the creditor hierarchy.
Did you work at Instant Despatch Services Limited?
Wages owed up to a statutory cap, holiday pay, notice pay and redundancy may be claimable from the Redundancy Payments Service if the company is unable to pay. The administrators will normally coordinate the RP1 claim with the affected staff. See gov.uk: your rights if your employer is insolvent.
Do you hold a deposit, gift card or undelivered order from Instant Despatch Services Limited?
Customers with paid-but-undelivered orders, gift cards or deposits typically rank as unsecured creditors. Where you paid by credit card and the amount was over £100, Section 75 of the Consumer Credit Act 1974 may let you claim from the card issuer for breach of contract or misrepresentation by the supplier; the rules apply per item, not per transaction, and the card must be a regulated credit card. Debit-card payments may be recoverable via chargeback.
Are you a director of a company connected to Instant Despatch Services Limited?
Watch for Section 216 of the Insolvency Act 1986 if you intend to keep trading under a similar name in a successor company. The rule prohibits a director of a liquidated company from being involved in another company using the same or a similar name for five years, unless one of the statutory exceptions applies. Read more about Section 216.
Sources
- The London Gazette notice (code Appointment of Administrators)
- Companies House record 04482914
- Court: High Court of Justice
- Editorial standards: how we source and review; five-pass pipeline.
