MY Freight Limited (05497321): administration
- Status
- Administration ended
- Administration began
- 2014-09-04
- Administrators' firm
- Harrisons Business Recovery and Insolvency
- Incorporated
- 2005-07-01
- Location
- Reading
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Supply chain disruption
- Creditor pressure / legal action
- Competition / price pressure
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company was set up on 1 July 2005 and it was managed by Michael Ingram (“the Director”)
The Company’s employees and the Director were originally employed in the commercial freight department of P&O Ferrtes Holdings Limited (“P & 0”). Upon P & O closing several of their key European freight routes the Company was set up and commenced trading. The
Company booked ferry space for commercial vehicles throughout Europe
Administrators' statement of proposals (2014-10-30) · Companies House register