Tuffnells Parcels Express Limited (00319964): administration
- Status
- Administration ended
- Administration began
- 2023-06-12
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Formerly
- Tuffnells of Sheffield Limited
- Incorporated
- 1936-10-26
- Location
- Manchester
- Industry
- 49410 Freight transport by road
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Cash flow / liquidity pressure
- Rising costs / inflation
- Supply chain disruption
- Competition / price pressure
From the administrators' statement
Tuffnells was founded in 1913 by Harold James Tuffnell when he started to deliver parcels via a horse and cart. The Company was subsequently incorporated on 26 October 1936 along with its’ parent Company, Tuffnells Holdings Limited (which is not subject to this administration process).
Prior to the appointment of the Joint Administrators, the Company operated as a leading
distributor of mixed freight and was a specialist in handling items of irregular dimension
Administrators' statement of proposals (2023-07-18) · Companies House register