# Star Transport and Warehousing Limited (01620450)

> Why UK company 01620450 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01620450

- **Status:** Administration ended
- **Administration began:** 2024-06-24
- **Administrators:** Benjamin John Wiles, Geoffrey Wayne Bouchier
- **Administrators' firm:** Kroll
- **Formerly:** Bertment Limited; Neville Warehousing Co. Limited
- **Incorporated:** 1982-03-05
- **Location:** London
- **Industry:** 49410 Freight transport by road

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Competition / price pressure
- Supply chain disruption
- Property / lease costs
- Rising interest rates
- Brexit

## From the administrators' statement

The Group was introduced to Kroll in October 2023 and Kroll undertook a review of the Group’s financial position including considering its options on a solvent, insolvent and combined basis.

While the trading entities of the Group were generating a positive EBITDA at the time of review, the financial performance of the Group had been significantly impacted by a number of factors including the

following:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01620450/filing-history/MzQyNzk0NTEyNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01620450

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