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News Transport Limited (04587886): administration

Status
In administration
Administration began
2025-11-28
Administrators
Chris Ferguson, Eric Walls
Administrators' firm
RMT Accountants & Business Advisors
Incorporated
2002-11-12
Location
Newcastle upon Tyne
Industry
49410 Freight transport by road

Why it went into administration

From the administrators' statement

The Director first contacted RMT on 17 November 2025 to discuss the financial position of the Company. The Director expressed his concern regarding the Company’s ability to meet key upcoming payments to HMRC, the Company’s landlord, and November salaries, which were all due to be paid in early December.

The Company had operated for over 40 years as a long established, family-owned haulage business, offering a range of road haulage and logistic solutions. These services included same/next day UK delivery through its pallet network, full-load and international shipment as well as warehouse storage and goods packing. The Company operated from leasehold premises in Ampthill, Luton.

Trading conditions within the haulage sector had been challenging for a number of years. The industry had experienced significant increases in fuel prices, rising wage costs due to driver shortages, and higher vehicle maintenance and regulatory costs. Competition within the sector had also placed downward pressure on pricing, reducing the ability to pass cost increases onto its customers.

Administrators' statement of proposals (2026-01-21) · Companies House register

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News Transport Limited (04587886)

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