Stanian Transport Limited (01600728): administration
- Status
- Administration ended
- Administration began
- 2019-11-18
- Administrators
- Mark Granville Firmin, Paul Andrew Flint
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Stanian Constructions Limited
- Incorporated
- 1981-11-27
- Location
- Brighton
- Industry
- 49410 Freight transport by road
Why it went into administration
- Competition / price pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Supply chain disruption
From the administrators' statement
Stanian Transport Limited was incorporated in 1981, specialising in freight transport by road. The Company had 28 employees as at the date of administration and operated a fleet of 30 vehicles.
The Company traded from a premises in Trafford Park, Manchester which it shared with HNC. HNC are deemed a connected party as the directors and shareholders of HNC are the children of the directors of Stanian.
As well as sharing trading premises, we are aware that Stanian and HNC shared other central services such as payroll and accountancy services. HNC also provided agency/sub contract services to Stanian should Stanian not have enough capacity to fulfil customer orders.
Administrators' statement of proposals (2019-11-27) · Companies House register