T. Baden Hardstaff Limited (01398234): administration
- Status
- Administration ended
- Administration began
- 2015-02-06
- Administrators' firm
- KPMG
- Incorporated
- 1978-11-07
- Location
- Birmingham
- Industry
- 49410 Freight transport by road
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated in November 1978 and encompasses 3 separate trading divisions all of which operated in TBH's legal name These 3 operating divisions were Haulage, PGS and Dual Fuel
The Haulage business provided transport and distribution services and operated an artic and rigid fleet as well as aggregate tippers and concrete mixers The business operated a diverse fleet of technologically and environmentally advanced heavy goeds vehicles for UK distribution
The PGS business operated as a distributor and trader of Liquefied Natural Gas (LNG) operating a fleet of double skinned vacuum insulated tankers The business also operated and maintained a number of LNG gas stations around the UK
Administrators' statement of proposals (2015-04-13) · Companies House register