News / Knights of Old parent enters administration, but sister firm Nelson is saved

The parent company of the UK’s most recognised haulage name – Knights of Old – last week entered administration after finding itself on the verge of bankruptcy.

KNP Logistics Group, which was formed in 2016 following the merger of Knights of Old with Derby-based Nelson Distribution, and also includes Isle of Wight haulage company Steve Porter Transport, appointed FRP Advisory Trading as its administrator on Friday.

According to its latest annual report filed at Companies House, for 2022, the group has annual ...