Bedfords Limited (02613524): administration
- Status
- Administration ended
- Administration began
- 2019-03-27
- Administrators' firm
- KPMG
- Formerly
- Bedfords of Brighouse Limited; Pandrum Limited
- Incorporated
- 1991-05-22
- Location
- Leeds
- Industry
- 49410 Freight transport by road
Why it went into administration
- Competition / price pressure
- Sustained trading losses
- Loss of a key customer, supplier or contract
- Creditor pressure / legal action
From the administrators' statement
The Company was a national haulage business, offering general fleet, traction and contracted haulage solutions. The Company had customers across a number of sectors, including, but not limited to, printed media, retail and charity.
Prior to our appointment, the Company employed 86 members of staff; however, shortly following our appointment 79 members of staff were made redundant. We retained 7 members of staff to facilitate a managed wind-down of the business. The Joint Administrators have since made these retained employees redundant.
3.2. Funding and financial position of the Company
Administrators' statement of proposals (2019-06-11) · Companies House register