From the administrators' statement

No moratorium under Part A1 of the Act has been in force for the Company at any time within the period of two years ending with the day on which it entered administration.

Mark Siddall of Opus Restuctruing LLP was originally instucted by the Company in March 2025 in an advisory capacity to assist with cash flow planning and drawdown review work. This work concluded in June 2025.

Following the finalisation of the accounts for the past two years, an error was found in accounting for VAT historically which led to an additional liability of £280k. The Company already had a TTP with HMRC in place in respect of historic debt which was being adhered to, however, the Company was not in a poisiton to renegotiate a further TTP with the additional VAT owed.

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South Molton Transport Limited (03848064)

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