# N.T. Whitfield (Transport) Limited (01556015)

> Why UK company 01556015 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01556015

- **Status:** Administration ended
- **Administration began:** 2019-09-09
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 1981-04-14
- **Location:** Newcastle upon Tyne
- **Industry:** 49410 Freight transport by road

## Why it went into administration

- Cash flow / liquidity pressure
- Weak consumer demand
- Rising costs / inflation
- Sustained trading losses
- Loss of a key customer, supplier or contract

## From the administrators' statement

The Company was incorporated and commenced trading in April 1981 as general road hauliers from premises at Portrack Lane Stockton on Tees TSi8 2NR with a team of 29 employees including two directors, one of which resigned in June 2019. However, in order to facilitate the Company being in a position to pass any board resolutions required, the previous director was re-appointed on 27 August 2019.

There are 169 Ordinary Shares of the Company split between 2 shareholders 132 owned by Ian Smaiiman and 37 owned by Carolyn Wood.

The Company has carried out general haulage assignments from this base since inception and has 2 main customers who provide approximately 55% of annual turnover.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01556015/filing-history/MzI0NzMzMDg2MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01556015

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.