Truck-Align Co. Limited (01126260): administration
- Status
- Administration ended
- Administration began
- 2014-09-12
- Administrators
- Paul Atkinson, Glyn Mummery
- Administrators' firm
- FRP Advisory
- Incorporated
- 1973-08-02
- Location
- Dartford
- Industry
- 29320 Manufacture of other parts and accessories for motor vehicles
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 2 August 1973 and provided cost effective full accident damage repairs to trucks, buses, coaches, plant and equipment. It was renowned for tts cold chassis straightening and wheel alignment and, in 1998, founded a new division, Compak Ramps, to manufacture and sell access ramps for low floor buses.
It is a wholly owned subsidiary of V.I.P Limited (“VIP”), which owns the Company’s purpose built trading premises situate at the VIP Industral Park, Anchor & Hope Lane, Charlton, London SE7 7RY. The premises are subject to a 10 year tenancy agreement at c. £106k p.a., with an unexpired term of c. 9 years remaining.
FRP Advisory LL? 1s Incorporated in England and Woles under the Limited Liability Partnerships Act 2000 as a Limited Liobility Partnership Partnership Number OC355680 Registered office 110 Cannon Steet London ECAN 6EU A list of members names is open fo inspechon at this address www froadvisory com
Administrators' statement of proposals (2014-10-20) · Companies House register