Linq Alliance Limited (04620734): administration
- Status
- Administration ended
- Administration began
- 2019-03-27
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- KPMG
- Formerly
- Bondco 968 Limited
- Incorporated
- 2002-12-18
- Location
- Leeds
- Industry
- 52290 Other transportation support activities
Why it went into administration
- Sustained trading losses
- Competition / price pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was a logistics management and transport planning business that operated from Bedford's leasehold premises in Leeds. The Company did not own or lease any trailer units or tractor units; but rather acted as an intermediary to arrange logistics services for its customers.
Prior to our appointment, the Company employed 1 member of staff. This member of staff was retained in the short-term to facilitate a managed wind-down of the business. The Joint Administrators have since made this employee redundant.
3.2. Funding and financial position of the Company
Administrators' statement of proposals (2019-06-11) · Companies House register