Cowling Brothers Transport Ltd (04498278): administration
- Status
- Administration ended
- Administration began
- 2013-06-07
- Administrators
- Paul Robert Boyle, Anthony Murphy
- Administrators' firm
- Harrisons Business Recovery & Insolvency (London)
- Incorporated
- 2002-07-29
- Location
- London
- Industry
- 49410 Freight transport by road
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
From the administrators' statement
In the twelve months preceding the administration, a large debt arose to HM Revenue & Customs, of approximately £130,000, that the Company was unable to pay It was proposed that Cow' 1g { the business ) revert to a partnership status, and the directors advised that the Company ceased te trade on 24 May 2013 As part of this reorgantsation, the directors looked for new funding of the business
Cowling’s funder, SME, became concerned in respect of the outstanding debt to HMRC and made demand on the Company for the monies outstanding to SME
5.2
Administrators' statement of proposals (2013-12-02) · Companies House register