# South Molton Transport Limited (03848064)

> Why UK company 03848064 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03848064

- **Status:** In administration
- **Administration began:** 2025-12-15
- **Administrators:** Mark Siddall, Jack Callow
- **Administrators' firm:** Opus Restructuring
- **Incorporated:** 1999-09-24
- **Location:** Milton Keynes
- **Industry:** 49410 Freight transport by road

## Why it went into administration

- HMRC / tax arrears

## 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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03848064/filing-history/MzUwMzYyMTkzNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03848064

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