# Delco (Euro) Transport Services Limited (03562742)

> Why UK company 03562742 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03562742

- **Status:** Administration ended
- **Administration began:** 2016-11-30
- **Administrators' firm:** Leonard Curtis
- **Formerly:** Dello (Euro) Transport Services Limited
- **Incorporated:** 1998-05-13
- **Location:** Manchester
- **Industry:** 46711 Wholesale of petroleum and petroleum products

## Why it went into administration

- Creditor pressure / legal action
- Loss of a key customer, supplier or contract

## From the administrators' statement

31 The Company was incorporated in 1998 and traded as a credit fuel card provider which incorporated the facility to provide usage data to customers In addition it wholesaled bulk fuel which also provided the opportunity to sell tanks, pump units and repair services to customers

32 The Company traded from the directors, residential premises and employed 3 members of staff

33 The Company was primarily funded by way of an invoice finance agreement held with Close Invoice Finance Limited (“Close”), who hold security by way of a debenture created on 9 February 2000

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03562742/filing-history/MzE2ODA3MTc4MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03562742

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