Globe Transport Products Limited (04441938): administration
- Status
- Administration ended
- Administration began
- 2015-03-27
- Administrators
- Joanne Wright, Robert Neil Dymond
- Administrators' firm
- Grant Thornton
- Formerly
- Globe Dynamics Limited
- Incorporated
- 2002-05-20
- Location
- Sheffield
- Industry
- 45310 Wholesale trade of motor vehicle parts and accessories
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The information provided in this section is based upon the Company records, the accuracy of which the Joint Administrators are unable to vouch for The Joint Administrators cannot therefore be held personally hable for errors or misstatement of fact contained therein
The Company was incorporated on 20 May 2002 and traded under the name Globe Dynamics Limited The Company traded from seven leased sites in Halesowen, Oldbury, Manchester, Cardiff, Sheffield, Castle Donnington and Oswestry The Company sold commercial vehicle spares for vehicles in excess of 165 tons The Company's business was restricted to commercial vehicles only and does not provide spares for commercial trailers
The business was sold in 2009 to TVS Mult Part who then sold the business to Ray Hurst Parts Distribution In March 2011, the Company's name was changed to its current trading name of Globe Transport Products Limited In April 2014 one of the Company's original directors, Graham Hines entered into a management buy-out along with James Ashmore and purchased the Company from Ray Hurst Parts Distribution
Administrators' statement of proposals (2015-05-20) · Companies House register