Turpin Distribution Services Limited (01331778): administration
- Status
- Administration ended
- Administration began
- 2022-10-07
- Administrators
- Cameron Gunn, Christopher James Farrington
- Administrators' firm
- ReSolve
- Formerly
- Turpin Transactions Limited
- Incorporated
- 1977-09-28
- Location
- London
- Industry
- 52102 Operation of warehousing and storage facilities for air transport activities
Why it went into administration
- Property / lease costs
- COVID-19
- Loss of a key customer, supplier or contract
- Rising costs / inflation
- Supply chain disruption
- Sustained trading losses
From the administrators' statement
Background (provided by the Company’s director)
The Company was incorporated as Turpin Transactions Limited in September 1977. It subsequently changed its name to Turpin Distribution Services Limited in February 1992.
It was originally founded by the Royal Society of Chemistry (RSC), a large publisher of scholarly and academic books and journals. The RSC saw an opportunity to form a company using its own expertise in journal and book distribution and offer those services to other similar publishers.
Administrators' statement of proposals (2022-12-13) · Companies House register