Premier Transport Services Limited (03546688): administration
- Status
- Administration ended
- Administration began
- 2014-06-05
- Administrators
- Roderick M Withinshaw, Alan Brian Coleman
- Administrators' firm
- FTS Recovery
- Incorporated
- 1998-04-16
- Location
- Trinity Way
- Industry
- 52219 Other service activities incidental to land transportation, n.e.c.
Why it went into administration
- Bad debts / customer insolvency
- Supply chain disruption
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 1998 and traded as a freight forwarding brokerage business from leasehold premises in Haslingden
The Company was managed and owned by Stuart Halstead and Brian Landregan and their spouses
!n 2007 the Company entered into an Invoice discounting agreement with Lloyds TSB Commercial Finance Limited ("LTSB") and granted LTSB a fixed and floating charge over the assets of the Company
Administrators' statement of proposals (2014-07-10) · Companies House register