R.J. Jones Haulage Limited (03368001): administration
- Status
- Administration ended
- Administration began
- 2013-03-05
- Administrators' firm
- PwC
- Incorporated
- 1997-05-09
- Location
- Leeds
- Industry
- 49410 Freight transport by road
Why it went into administration
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Competition / price pressure
From the administrators' statement
RJ Jones Haulage Limited was a haulage company founded by Robert John Jones over 20 years ago and developed into a £14 3m turnover business for the year ended 30 April 2012. The business was founded with a single vehicle to provide haulage services to a single customer. It expanded to 84 trucks and employed 133 staff at the time of our appointment.
With its head office in North Wales, the business had four depots strategically placed based on certain key customers and operated across the UK with some limited activity into Europe. The Company predominantly serviced the construction sector, either directly or indirectly, by acting as a subcontractor to other transport companies. A significant proportion of the end customers were bulk material manufacturers who supplied into major construction projects.
The Company’s recent financial performance is summarised in the following table:
Administrators' statement of proposals (2013-04-29) · Companies House register